News

Release Time: 10:00 AM, July 7, 2025

Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

Vietnam Market: The market continued its upward trend despite encountering resistance at the 1,565-point level. Liquidity remained high, indicating solid capital inflow support. A breakout above 1,565 may open a new upward leg, though the 1,585 level—a previous reversal point—is expected to be a critical battleground that could determine the next market direction.

U.S. Market: Wall Street closed slightly higher with strong performance from the tech sector. Nasdaq led with a +1.2% gain, followed by the S&P 500 at +0.7%, while the Dow Jones edged up 0.2%. Apple surged 5.1% after announcing a $100 billion domestic manufacturing investment, lifting the overall market. Positive earnings from Q2 (over 80% of companies beating expectations with earnings growth rising from 5.8% to 12.1%) and expectations of a Fed rate cut in September reinforced investor optimism.

2. Forex:

• GBP/USD: Uptrend; long positions may be considered today. Daily support: 1.33100

• USD/JPY: Uptrend; long positions may be considered today. Daily support: 147.200

3. Gold:

Gold is trading around $3,371.60/oz, up +0.37% on the day. Bid/Ask at $3,380.60 / $3,382.60. Price action remains around the $3,370 level, with mild recovery on rate cut expectations and weak labor data.

4. Oil:

• XTI/USD: Downtrend; short positions may be considered today. Daily resistance: 66.60

5. Crypto:

BTC is trading around $115,000 – $115,100, slightly up ~1% from yesterday. Price fluctuates between $114,800 – $115,100, signaling a minor technical rebound amid cautious sentiment and high expectations from Fed policies.

TRADING IDEAS

1. Vietnam Stock: GDA
Buy recommendation for GDA (07/08/2025)
Entry: 21,500 - 21,900 VND
Target 1: 24,000 VND
Target 2: 26,500 VND
Stop loss: 20,400 VND

2. WTI Crude Oil
Trend: Bearish
Recommendation: Sell at 64
Stop loss: 67.5
Take profit: 57.7

TODAY'S KEY EVENTS

12:01 AM – USD

• 10-y Bond Auction

  • Result: 4.26 | Bid-to-cover: 2.4

  • Previous: 4.36 | Bid-to-cover: 2.6

1:00 AM – USD

• FOMC Member Collins Speaks

• FOMC Member Cook Speaks

3:10 AM – USD

• FOMC Member Daly Speaks

8:30 AM – AUD

• Goods Trade Balance

  • Actual: 5.37B | Forecast: 3.18B | Previous: 1.60B

10:00 AM – NZD

• Inflation Expectations q/q

  • Actual: 2.29%

Tentative – CNY

• Trade Balance (CNY): 756B | Forecast: 826B

• Trade Balance (USD): 105.2B | Forecast: 114.8B

10:35 AM – JPY

• 30-y Bond Auction: 2.81 | Bid-to-cover: 3.6

12:00 PM – JPY

• Leading Indicators: 106.0% | Forecast: 104.8%

1:00 PM – EUR / GBP

• German Industrial Production m/m: -0.4% | Forecast: 1.2%

• German Trade Balance: 17.8B | Forecast: 18.4B

• UK Halifax HPI m/m: 0.1% | Forecast: 0.0%

1:45 PM – EUR

• French Trade Balance: -7.5B | Forecast: -7.8B

2:00 PM – CHF

• Foreign Currency Reserves: 713B

• Unemployment Rate: 2.9% | Forecast: 2.9%

3:00 PM – EUR

• ECB Economic Bulletin

Tentative – EUR

• Spanish 10-y Bond Auction: 3.30 | Bid-to-cover: 2.0

• French 10-y Bond Auction: 3.27 | Bid-to-cover: 2.3

6:00 PM – GBP

• BOE Monetary Policy Report

• Monetary Policy Summary

• MPC Official Bank Rate Votes: 0-8-1 | Forecast: 0-3-6

• BOE Official Bank Rate: 4.00% | Forecast: 4.25%

6:30 PM – GBP

• BOE Governor Bailey Speaks

7:30 PM – USD

• Unemployment Claims: 221K | Forecast: 218K

• Prelim Nonfarm Productivity q/q: 1.9% | Forecast: -1.5%

• Prelim Unit Labor Costs q/q: 1.6% | Forecast: 6.6%

9:00 PM – CAD / USD

• Ivey PMI (CAD): 55.2 | Forecast: 53.3

• Final Wholesale Inventories m/m (USD): 0.2% | Forecast: 0.2%

• FOMC Member Bostic Speaks

9:30 PM – USD

• Natural Gas Storage: 10B | Forecast: 48B

DISCLAIMER

• The above analysis represents the personal opinion of analyst Tony from Lotus and should not be considered as actual trading advice.

• Lotus provides only technical analysis and trading knowledge education for students.

• Lotus does not represent any securities or asset management company.

• Lotus does not manage student funds.