Financial Morning Post (31/05/2024) Foreign exchange USDX: The GDP data boosted interest rate cut expectations, and the dollar index retreated 0.433% to 104.68. The 10-year yield closed at 4.556 percent and the 2-year yield at 4.933 percent. EUR/USD: The euro held the 1.0800 level, refreshing the 11-session low. A rise in the dollar index and expectations of an ECB rate cut pressured the euro, but good economic data limited losses. Today focus on 1.0900 pressure, support 1.0700 below. GBP/USD: The British pound held the 1.2700 mark, refreshing the 3-session low. A higher dollar and profit-taking pressured sterling, but reduced interest rate cut expectations limited losses. Today focus on 1.2800 pressure and support 1.2600 below. XAU/USD: Gold prices fall, then rise, recover the 2340 mark! American stock market Major indexes: The three major indexes closed lower, with the Dow down 0.86 percent, the S&P 500 down 0.6 percent and the Nasdaq down 1.08 percent. Tech stocks: Nvidia fell 3.77 percent, Microsoft fell 3.38 percent, Google fell 2.15 percent, Amazon fell 1.48 percent, Meta fell 1.54 percent. Tesla was up 1.48% and Apple was up 0.53%. Dell fell 18% and Saif fell nearly 20%. Vietnam stocks Overall performance: The Vietnam Index fell 6.32 points (0.5%) to 1,266.32. Market liquidity: 995.65 million shares were traded with turnover of VND 25.7975 trillion. Foreign movements: Net selling value of VND 1.34824 trillion. Join our community to learn more trading techniques: https://t.me/jrfxasia2024