KangDaeWoong

MARKET NEWS FOR MAY 24
◆ Gold prices decline for the second week, SJC falls below 162 million VND per tael: Global gold closes at $4,508.5 per ounce, down $33.6 compared to the previous session. Domestic SJC gold quotes at 158.5–161.5 million VND per tael, down 2 million VND from the end of last week; the difference with international prices is around 17.5 million VND per tael.
◆ Warsh takes office as Fed Chair – Waller warns of potential rate hikes: Kevin Warsh officially took office on May 22. Governor Waller signals a hawkish stance, affirming the Fed is ready to raise interest rates if

MARKET NEWS FOR MAY 23
◆ Gold prices drop sharply due to rising U.S. bond yields
Global gold prices fall to around $4,500 per ounce as U.S. Treasury yields reach their highest in nearly 19 years, putting pressure on gold prices.
◆ Chairman and leaders of PECC1 are prosecuted
The Chairman of the Board and leaders of PECC1 are prosecuted, following the case at PECC2, as part of the anti-corruption campaign in state-owned enterprises.
◆ Gasoline prices rise slightly, RON95 gasoline remains low
E5 RON92 gasoline exceeds 24,000 VND per liter, diesel rises above 28,760 VND per liter, while RON95 gas

MARKET NEWS FOR MAY 23
◆ Gold prices drop sharply due to rising U.S. bond yields
Global gold prices fall to around $4,500 per ounce as U.S. Treasury yields reach their highest in nearly 19 years, putting pressure on gold prices.
◆ Chairman and leaders of PECC1 are prosecuted
The Chairman of the Board and leaders of PECC1 are prosecuted, following the case at PECC2, as part of the anti-corruption campaign in state-owned enterprises.
◆ Gasoline prices rise slightly, RON95 gasoline remains low
E5 RON92 gasoline exceeds 24,000 VND/liter, diesel rises above 28,760 VND/liter, while RON95 gasoline re

MARKET NEWS FOR MAY 22
◆ Domestic gasoline prices rise sharply, global oil prices fall
E10 gasoline prices in the country increased by more than 1,400 VND per liter from 3 PM on May 21, while global oil prices dropped to the lowest level in nearly two weeks due to concerns over weak demand and increased supply from the US.
◆ Bitcoin may have bottomed out at $60,000
Bitcoin may have bottomed out at $60,000 in February; the recovery could continue despite significant volatility, affecting investor sentiment and the cryptocurrency market.
◆ Monthly income above 28.6 million VND must pay

MARKET NEWS FOR MAY 20
◆ Global gold hits its lowest since late March, precious metals all plummeting: Spot gold drops $64.7 (-1.42%) to $4,500.7 per ounce; June futures down 1.8% to $4,476.80 per ounce. Silver down 5.7%, platinum down 2.8%. Wall Street predicts the decline could continue this week.
◆ Strong USD and rising bond yields exert double pressure on gold: 30-year Treasury yields near 2023 highs, capital flowing out of gold into yield-bearing assets. XAU/USD is testing Fibonacci 0.382 at $4,540, below both the 20-day and 100-day SMA; daily RSI around 40, weak but not oversold.
◆

🇻🇳 CELEBRATING PRESIDENT HO CHI MINH’S 136TH BIRTHDAY 19/05/1890 - 19/05/2026 🇻🇳
Today is the birthday of beloved Uncle Ho.
As a descendant with the bloodline of Lac Hồng, I always feel grateful to be born on Vietnamese land, where a great leader sacrificed his entire life for the independence and freedom of the nation.
Thanks to Uncle Ho and the generations of our forefathers, today we have the opportunity to study, work, pursue our dreams, and build a future right here in our homeland.
What I admire most about Uncle Ho is not only his wisdom or vision, but also his simple virtue,

🇻🇳 05/19/1890 - 05/19/2026 🇻🇳
Today is the birthday of beloved Uncle Ho.
As a child of Lạc Hồng blood, I always feel grateful to be born on Vietnamese land, where a great leader sacrificed his entire life for the independence and freedom of the nation.
Thanks to Uncle Ho and the previous generations, today we have the opportunity to study, work, pursue our dreams, and build the future on our homeland.
What I admire most about Uncle Ho is not only his intelligence or vision but also his humility, patriotism, and spirit of always putting the interests of the nation above all.
I humbly bow in

The two-day trip of President Donald Trump to Beijing has now concluded. The results are said to be quite significant, shaping the US-China relationship for the next three years.
• Chairman Xi Jinping announced that both sides have agreed on a "strategic stability" framework for the next three years.
• Trump, in an interview with Fox News, confirmed that China agreed to buy oil from the US, along with a huge order of 200 Boeing aircraft.
• Trump also invited Chairman Xi to visit the White House on September 24, as a sign that trade negotiations will continue to deepen.
Although experts say man

Today, Jerome Powell officially concludes his 8-year tenure as Fed Chair, ending an era full of volatility and historic pivots.
Looking back at his journey, there are a few memorable points:
First is 2020, when the pandemic hit, Powell decided to inject money rapidly and bring interest rates down to 0%, helping the US economy and the world avoid a deep recession.
Later, he was criticized for misjudging inflation as "temporary," but then he led the Fed to implement the fastest rate hikes in four decades.
The result was inflation was brought down while the labor market didn't collapse to

The first day Trump and Xi Jinping met each other also seemed quite smooth!
U.S. stocks rose sharply all session, Bitcoin hit the $81,000 mark again.
Anyone following along probably feels relieved, sleeping a bit better because the news from the White House sounds quite positive.
As Trump just landed in Beijing, Vice Chairman Han Zheng was already at the airport to greet him, with a guard of honor, a band, and a rather grand red carpet.
However, Xi Jinping did not come to the airport but only greeted him later at the Great Hall of the People.
Many people are speculating that this det

Chinese President Xi Jinping officially welcomes President Donald Trump in Beijing: What’s the script for the historic handshake?
The excitement in Beijing is rising as the official reception for U.S. President Donald Trump takes place this morning. This is an important state visit, marking a direct meeting between the two world leaders.
At the negotiation table, both sides will focus on key issues:
• Extending the trade ceasefire – ensuring the flow of rare earth minerals to the U.S. continues.
• Hot strategic issues: Iran situation, Artificial Intelligence (AI), and nuclear arms cont

Inflation has never exerted such great pressure on the Fed as it does now!
Recently, the US April CPI was announced at 3.8% – the highest since May 2023. Core CPI also increased to 2.8%, the highest in 8 months.
Less than a year ago, the market still expected the Fed to cut interest rates aggressively. But now, as inflation unexpectedly heats up again, the Fed is truly caught in a dilemma: unable to quickly cut rates, but also hesitant to raise rates when the economy shows signs of slowing down and the geopolitical and geopolitical situation is becoming increasingly complex.
Jerome Powel

Justin Sun Aiming for the $100 Billion USDT Milestone on TRON: Stablecoin Demand Explodes, TRON Continues to Be the Global “Core Rail”
In less than 24 hours, Tether minted an additional 1 billion USDT on the TRON network, pushing the total supply of this stablecoin on the blockchain to a new record high of $89.37 billion. Justin Sun – founder of TRON – immediately issued a statement affirming: “Stablecoin demand keeps rising. TRON continues to be one of the core rails supporting that growth at scale.” This move further solidifies his long-term vision: to see USDT on TRON conquer the $100 billi

U.S. - IRAN TENSION ESCALATES: CRUDE OIL RISES STRONGLY, BITCOIN PUMPS TO "PEAK" $82K!
The U.S. and Iran continue to escalate tensions early this morning.
• President Trump bluntly rejects Iran's proposal • Iran also responds strongly: “We are not free to please the U.S.”
Immediate consequences after the news:
• Crude oil surges
• Gold and stocks decline slightly
• Especially, this time Bitcoin pumps along with oil instead of selling off like previous times, officially reaching the $82K
mark, with altcoins also booming:
• OSMO leads with +49%
• SUI, LAYER grow impressively over 24%
• PSG fan