News

Release Time:
10:00 AM, July 1, 2025

Published by:
Mr. Leon

Market Overview

1. Stock Markets:

• Vietnam Market:
  The market continues to rise but within a narrow range; lower liquidity suggests weak supply and hesitant capital. The previous uptrend remains supportive, especially after breaking above 1,372 points. Current signals suggest further upside potential in the next session.

• US Market:
  The trading session on June 30, 2025, closed the first quarter strong. The S&P 500 (SPY) climbed to 6,204.95, up 31.88 points (+0.5%); Nasdaq rose 0.5% to 20,369.73; and Dow Jones (DIA) gained 275.50 points (+0.6%) to 44,094.77. Optimism around trade negotiations — especially after Canada dropped digital taxes on US firms — and expectations of a Fed rate cut fueled the rally.

2. Forex:

• GBP/USD: Uptrend. Buy positions are suggested today. Daily support: 1.37000

• USD/JPY: Downtrend. Sell positions are suggested today. Daily resistance: 144.200

3. Gold:

• Current price: $3,319.55/oz, up approximately +0.5% on the day

• Bullish factors:

  • The USD weakens, near its lowest in 3 years due to concerns over a $3.3 trillion spending and tax cut package under Senate discussion

  • Ongoing trade tensions and safe-haven demand support gold

• Short-term trend:

  • Gold may continue its upward momentum, awaiting US jobs data later this week — a key driver for Fed rate cut expectations

4. Oil:
XTI/USD lacks a clear trend — trading should be limited

5. Bitcoin:

• Current price: Around $107,740 according to the CME BTC index, slightly down –0.03% from the day’s high of $107,775

• Market movement:

  • BTC holds above the $107k zone with minimal volatility, signaling defensive sentiment

  • Market cap and trading volume remain high, indicating strong institutional support

• Short-term trend:

  • If BTC maintains the $107k–108k support zone, a rebound toward $110k–112k is possible

  • A breakdown could lead to a correction toward $100k–105k

Trade Strategy

1. USD/JPY

• Trend: Bearish

• Strategy: Sell at 144.200, Stop Loss: 144.600, Take Profit: 143.400
  

2. Vietnam Stock: VNM

• Recommendation: BUY VNM (July 1, 2025)

• Entry range: 56,600 – 57,500 VND

• Target 1: 60,000 VND, Target 2: 64,000 VND

• Stop loss: 54,300 VND
  

Key Events Today (GMT+7)

• 20:30 – USD: Fed Chair Powell speaks

• 21:00 – USD: ISM Manufacturing PMI
        JOLTS Job Openings

Disclaimer

• The views expressed are solely those of analyst Leon from Lotus and do not constitute actual market advice.

• Lotus only provides technical trading analysis and trading education.

• Lotus does not represent any brokerage or asset management firm.

• Lotus does not manage client funds.