News

Release Time: 10:00 AM, October 31, 2025

Issued by: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The VN-Index traded around the 1,770 level with a narrow range and slightly lower liquidity. Market sentiment remains cautious, with capital flows focused mainly on banking and oil & gas stocks, while large-cap stocks continue to lack strong momentum.

• Nearest support: ~1,750 points

• Upside resistance (if liquidity improves): ~1,790–1,800 points

U.S. Market:
In the previous session, major indices such as the S&P 500 and Nasdaq Composite fell as investors grew cautious about rising costs for tech firms and the Federal Reserve’s cautious tone.
The 10-year Treasury yield held steady around 3.9–4.0%, reflecting expectations that the Fed may keep rates high for longer.
Gold prices rebounded, signaling stronger demand for safe-haven assets.

2. Forex

USD/JPY:
The yen remains under pressure as the Bank of Japan shows no sign of raising rates, keeping USD/JPY in an uptrend.

• Resistance of the day: 152.100

EUR/USD:
The pair continues to trade within a narrow range as traders await further signals from both the ECB and the Fed. The euro remains weak against a strong U.S. dollar.

3. Gold (XAU/USD)

Gold remains supported by expectations that the Fed could start cutting rates in the future and ongoing geopolitical tensions.
However, as prices remain high and volatile, investors should wait for a correction before entering new long positions.
Strategy: Look for buying opportunities after price retracements or confirmation of upward momentum.

4. Oil (XTI/USD)

Oil prices continue to face downward pressure due to stable supply and concerns about global demand weakness.
The market is on track for its third consecutive monthly decline.
Resistance for potential short positions: around $59–$60 per barrel

5. Crypto

The cryptocurrency market remains in a corrective phase as risk-off sentiment dominates and capital flows out of high-risk assets.
Investors should stay cautious and avoid opening large new positions until clearer recovery signals emerge.

TRADE PLAN

WAIT TO BUY CTI (October 31, 2025)

• Entry price: 23,000–23,500 VND

• Target 1: 25,500 VND

• Target 2: 28,000 VND

• Stop loss: 22,400 VND

• 

KEY EVENTS TODAY

8:30 AM – China (CNY)

• Manufacturing PMI: 49.0 (Forecast: 49.6 | Previous: 49.8)

• Non-Manufacturing PMI: 50.1 (Forecast: 50.1 | Previous: 50.0)

5:00 PM – Eurozone (EUR)

• Core CPI Flash Estimate (YoY): 2.3% (Forecast: 2.4%)

• CPI Flash Estimate (YoY): 2.1% (Forecast: 2.2%)

7:30 PM – Canada (CAD)

• Monthly GDP (m/m): 0.0% (Forecast: 0.2%)

DISCLAIMER

• The above analysis reflects the personal views of analyst Mr. Tony from Lotus and should not be considered as investment advice.

• Lotus provides technical analysis and trading education only for its learners.

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

• Lotus does not manage investor funds.