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SFVN News

SFVN on VTV1's financial news on August 16th, 2024

16 tháng 8, 2024

In the past two weeks, the fear that the US economy will fall into a recession has put pressure on the prices of metals, especially precious metals.


Mr. Tran Ngoc Quang - Deputy Director of SFVN commented that after a series of important economic data recently released by the US, it showed that the above situation would not happen, at least until the end of the third quarter. Therefore, the prices of metal products will soon return to an upward trend. However, with basic metals such as copper or iron and steel, they may continue to be under pressure, creating positive passive hopes in the Chinese market.


Source: VTV1


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