The Fed’s decision is close at hand, and the market waits with bated breath for the meeting information. The IMF raised its global and US GDP growth forecasts this year. Saudi Arabia’s oil exports plummeted by nearly 40% in May. The current ratio of gold to US oil is relatively balanced; the three major US stock indexes , the S&P 500 Index and the Dow are bullish, but the Nasdaq has a strong buying signal. What is the market outlook? Lock in GAIN Capital Daily Market Barometer Updates

"21 Bidi 01" was temporarily suspended during the session, after the price fell by more than 20%.

Vietnam expects air passenger traffic in 2023 to be 76.3 million, a year-on-year increase of 38%.

The "18 Ocean 01" bond was temporarily suspended during the session, and the price rose by 28% before.

Bangkok Bank of Thailand: Tourism and investment are expected to help economic growth.

Bangkok Bank of Thailand: Still targeting Asia and Southeast Asia for growth. Optimistic about the potential of Vietnam, Indonesia and the Philippines.

NZD/USD lost ground at 0.62, down 0.50% on the day.

SK Hynix: The production of DRAM and NAND in 2023 will decrease compared with the same period last year; it will focus on increasing the mass production of HBM next year.

The New Zealand government will review the weather forecasting system.

SK Hynix: It is expected that the supply and demand of memory will tighten next year. The impact of production cuts in the second half of the year will be more pronounced than in the first half.

Market news: The Australian court fined Meta Platforms (META.O) $14 million for collecting user data on privacy apps.

[SK Hynix’s net loss in the second quarter of 2.9879 trillion won turned from profit to loss year-on-year] On July 26, Korean semiconductor supplier SK Hynix released its financial report for the second quarter of fiscal year 2023 ending June 30, 2023: the second Combined revenue for the fiscal quarter was 7.3059 trillion won, an increase of 44% month-on-month and a year-on-year decrease of 47%; operating profit was -2.8821 trillion won, a month-on-month increase of 15%, turning from profit to loss year-on-year; net profit was -2.9879 trillion won, The chain fell by 16%, and turned from profit to loss year-on-year.

SK Hynix: Demand for enterprise and gaming PCs will rise in the second half of the year, driving growth in demand for PC memory.

SK Hynix: Due to adjustments, the overall server market demand will become weaker.

SK Hynix: In the second quarter, the average selling price of NAND fell by 10% from the previous quarter, and the average selling price of DRAM rose by a high single-digit percentage from the previous quarter.

SK Hynix: Ready to expand mass production of 1B DRAM and 238-layer NAND. Plans to expand sales of HBM3, DDR5 and LPDDR5.

SK hynix: will further reduce NAND production.

SK Hynix: Strong AI storage demand will continue to grow in the second half of the year. After bottoming out in the first quarter, the storage market is recovering.