News

Release Time: 10:00 AM, May 28, 2025
Released by: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The market is experiencing strong fluctuations around the resistance zone of 1,340 points – the previous peak in March 2025. Despite rising profit-taking pressure, especially from foreign investors, liquidity remains stable, helping maintain the uptrend. In upcoming sessions, the market will continue to test the 1,340 resistance level. If supply pressure is well absorbed, the uptrend may continue and expand further.

U.S. Market:
Strong recovery with Dow Jones up 1.78%, S&P 500 up 2.05%, and Nasdaq up 2.47%, thanks to news that President Trump is delaying tariffs on EU goods and a strong increase in consumer confidence index. Falling bond yields also supported the market. Investors should continue monitoring upcoming earnings reports and inflation data to assess the next trend.

2. Forex

• EUR/USD: Downtrend. Selling positions can be considered today. Daily resistance: 1.13350

• AUD/USD: Downtrend. Selling positions can be considered today. Daily resistance: 0.64500

3. Gold

Spot gold prices have also declined, currently hovering around $3,303.9 - $3,308.94 USD/ounce. Gold futures are trading around $3,300 USD/ounce. The bullish trend in gold is weakening due to Trump’s postponement of tariffs on the EU.

4. Oil

XTI/USD: Short-term downtrend. Selling positions can be considered today. Daily resistance: 61.50

5. Crypto

Bitcoin is currently trading around $109,077.20 USD. The current market capitalization is approximately $2,167.45 billion USD. Analysts believe Bitcoin is trading within an ascending channel. The current resistance level is around $94,500 (though the price has already surpassed this level). Sustaining above this zone could pave the way for further gains.

TRADE IDEAS

1. WTI (Crude Oil)

• Trend: Bearish

• Recommendation: Sell at 61, stop loss at 63.5, take profit at 56

• 

2. Vietnam Stocks

• MWG: Recommendation to BUY MWG (as of 28/05/2025)

• Entry price: 63,500 - 64,500 VND

• Target 1: 70,000 VND

• Target 2: 74,000 VND

• Stop loss: 60,900 VND

• 

KEY EVENTS TODAY

8:30 AM
AUD - Consumer Price Index (CPI) y/y

• Actual: 2.4%

• Forecast: 2.3%

• Previous: 2.4%

AUD - Construction Work Done q/q

• Actual: 0.0%

• Forecast: 0.5%

• Previous: 0.9%

9:00 AM
NZD - Official Cash Rate

• Actual: 3.25%

• Forecast: 3.25%

• Previous: 3.50%

NZD - RBNZ Monetary Policy Statement
NZD - RBNZ Rate Statement

9:10 AM
GBP - MPC Member Lombardelli Speaks
USD - FOMC Member Waller Speaks

10:00 AM
NZD - RBNZ Press Conference

1:00 PM
EUR - German Import Prices m/m

• Actual: -1.4%

• Forecast: -1.0%

1:45 PM
EUR - French Consumer Spending m/m

• Actual: 0.8%

• Forecast: -1.0%

EUR - French Final Private Payrolls q/q

• Actual: 0.0%

• Forecast: 0.0%

EUR - French Prelim GDP q/q

• Actual: 0.1%

• Forecast: 0.1%

2:55 PM
EUR - German Unemployment Change

• Actual: 12K

• Forecast: 4K

3:00 PM
CHF - UBS Economic Expectations

• Actual: -51.6

USD - FOMC Member Kashkari Speaks

8:00 PM
CNY - CB Leading Index m/m

• Actual: -0.3%

9:00 PM
USD - Richmond Manufacturing Index

• Actual: -9

• Forecast: -13

DISCLAIMER

• The above analysis reflects the personal views of analyst Tony from Lotus and is not a recommendation to participate in real markets.

• Lotus provides technical trading analysis and trading education to learners.

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

• Lotus does not manage learners’ capital.