Three Factors Weighing Down World Stocks
In a recent analysis, brokers have highlighted three key factors that continue to drag world stocks down. However, amidst this gloom, it is worth noting that Thailand’s fundamentals remain a strong pillar in all aspects.
1. Germany’s Distress: Collapsing Confidence and Weak Economy
Firstly, Germany finds itself in serious trouble as confidence in its economy hits rock bottom. The nation is grappling with a shaky economic outlook that signals a weak state of affairs.
2. Warning from JPMorgan: Global Unpreparedness for Rising Interest Rates
Secondly, JPMorgan issues a stark warning that the world is ill-prepared to handle interest rates that could potentially climb to 7 percent. This cautionary note highlights the vulnerability of global markets in the face of such a scenario.
3. Waning Consumer Confidence in the United States
Thirdly, concerns arise over the United States’ government shutdown, which has significantly impacted consumer confidence. The unexpected weakening of sentiments raises uncertainty and questions the stability of the economy.
On a more positive note, Thailand’s promising export sector has sustained growth for the eleventh consecutive month. This ongoing positivity provides hope that the streak will continue unbroken.
In the realm of company news, several noteworthy developments have emerged:
- TRUE, following its merger, sees its value soar to an impressive 250 billion.
- BDMS stands out in its efforts to attract foreign investors to Thailand, showcasing a solid foundation.
- WHA, a sought-after entity among foreigners, experiences a surge in land sales, testament to its allure.
Delving deeper into the Thai stock market, Mr. Mongkol Puangphetra, Assistant Director of the Securities Analysis Department at Dao Securities (Thailand) Public Company Limited, sheds light on the current state of affairs.
Additionally, Mr. Warut Rungkham, Director of Analysis at YLG Bullion and Futures Company, provides insights into today’s gold prices.
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3 factors that continue to drag world stocks down – Brokers note that Thailand’s fundamentals are strong in all aspects I TNN Money making hours I 27-09-66 #TNN Money making hours #Jia Sophon #Praewwanwanit 02: 00 Hot problem : Point out Thailand Strong foundation in all aspects No credit cut 08:11 Factors to follow 1. Germany is in serious trouble, confidence is collapsing! Indicates a weak economy 2. “JPMorgan” warns that the world is not ready yet. Coping with interest rates of 7 percent 3. Consumer confidence in the United States weaker than expected Worry about the government being shut down 21:54 4. Exports are positive for the 11th month of the year, hope not to be negative 27:59 News update on companies. – TRUE raises value to 250 billion after merger – BDMS stands out in welcoming foreigners to Thailand, solid foundation – WHA is wooed by foreigners Pushing land sales up 42:03 Thai stocks today with Mr Mongkol Puangphetra / Manager Assistant Director of Securities Analysis Department Dao Securities (Thailand) Public Company Limited 50:46 Today’s gold price with Mr Warut Rungkham, Director of Analysis, YLG Bullion and Futures Company Follow the TNN program, Money Making Hours. Every Monday to Friday between 9:30 am – 10:30 am on TNN channel 16 #stock #AOT #ERW #CENTEL #CPAXT #CPALL #ADVANC #TRUE #Thai stock market #stock market #Thai Stocks #Golden Week # COVID #Germany #JP More Core #weak economy #consumer confidence #Government shutdown #Export #Agricultural products #Ministry of Commerce #Agriculture #Orders #TRUE #BDMS #WHA #TrueCorporation #Bangkok Dusit Medical Services #WHA #Telecommunications #EBITDA #Chinese find #Thai stocks today #TNN stock news #Thai stock lottery #Chinese stocks #Asian stocks #US Stocks #DAO #Today’s gold price #Pris Aur #Check gold price #Gold #Gold jewelry #YLG Channel to follow TNN news station, Channel 16 Line @TNNONLINE or click to keep up with the world, keep up with the economy, keep up with all the truth with TNN Channel 16, a news station that holds the principle of presenting news to the point Fast, accurate, precise and impartial from a professional news team.