Market

Morning Briefing, June 17: First FOMC Meeting Under New Fed Chair Kevin Warsh

BIDV Securities (BSC) • June 17, 2026 1:53 PM

Updates on global and Vietnamese macroeconomic developments, fluctuations in international and domestic stock markets, and notable news regarding listed companies.

Macroeconomic News

  • United States: U.S. import prices in May rose 1.9%, compared to a forecast of 1.0%.
  • United States: U.S. housing starts in May reached 1.177 million, lower than the forecast of 1.430 million.
  • United States: President Trump expects the second phase of the Iran deal to proceed quickly.
  • Australia: The RBA kept interest rates at 4.35%, signaling that further hikes are still possible.
  • G7: G7 leaders meeting in Évian-les-Bains, France, are considering raising tariffs on Chinese goods, as Beijing’s record global trade surplus of 1.2 trillion USD is putting pressure on European exports.
  • Japan: Japanese business confidence rose in June thanks to demand for semiconductors.
  • Japan: Japanese exports in May exceeded forecasts, posting their fastest growth since late 2022. The main driver was semiconductors, with export value surging 61.2% due to a wave of investment in AI infrastructure and data centers; auto exports also rose 16.4%.
  • Japan: The Bank of Japan (BOJ) decided to raise its policy interest rate to 1%, the highest level in more than 30 years.
  • Vietnam: A review board was established to evaluate the pre-feasibility study report for the Capital’s Ring Road 5 construction project.
  • Vietnam: The Ministry of Finance proposed deferring 125,000 tỷ đồng in taxes and land rent payments until 2026.

Market News

  • United States: At the close of trading on June 16, the Dow Jones Industrial Average rose 328.64 points, or 0.64%, to a record closing high of 51,999.67 points.
  • Commodities: Gold prices rose for the fourth consecutive session, while WTI crude oil prices fell nearly 6% again.
  • VLB: Profits surged thanks to the revaluation of mineral exploitation rights.
  • VCG: Vietnam Import-Export and Construction Joint Stock Corporation successfully sold nearly 35.4 million shares of Vietnam Water and Environment Investment Corporation (VIW) during the period from May 28 to June 10.
  • CII: CII has revised its plan to use over 1,000 tỷ đồng in convertible bonds, shifting the purpose from debt repayment to capital increase for CII PPP.
  • BAF: BAF launched a high-tech farm, revealing its goal of bringing production costs below 40,000 VND per kilogram.
  • HU1: Following a debt-for-equity swap, a creditor has become HU1’s parent company.
  • F88: The F88 Board of Directors approved a plan to issue 22 million F88 shares to the public, to be sold at 71,000 VND per share.
  • MSN: WinCommerce generated nearly 19,000 tỷ in revenue during the first five months of the year.
  • PHR: Phuoc Hoa Rubber is issuing over 108 million bonus shares.
  • VBB: Vietbank has set the record date for the issuance of over 107 million bonus shares and is raising 2,000 tỷ đồng through a private placement of bonds.
  • TCW: Tan Cang Logistics has set the record date for a 23% cash dividend.

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Source: BIDV Securities (BSC)

Chung khoan BIDV (BSC)