Krungthai expects the baht to move next week within a range of 33.50-34.20 baht per dollar. keep an eye on inflation – Negotiating to increase the prolonged US debt ceiling or not In the country, investors are expected to await the results of the election. while Kasikornbank sees a range of 33.80-34.30 baht per dollar, adhering to the foreign bank crisis.
Mr. Poon Panichphiboon, Analyst in the Trading Room of Krung Thai Bank revealed to Nation Online that baht next weekMove within the range of 33.50 – 34.20 baht per dollar. The trend is moving in the direction of bothdollar and gold price
Which factors must be followed by the US CPI inflation report, the minutes of the latest meeting of the Bank of England (BOE) and the Bank of Japan (BOJ), along with US political factors. On the issue of negotiations to increase the debt ceiling (Debt Ceiling), if it were long, it would be a factor that could depress the atmosphere in the financial and capital markets.
for domestic factors We think we have to keep an eye on it The direction of foreign investors’ investment in the stock and bond markets as it will start to enter the final round of the election Normally, foreign investors are waiting to see the position to wait for the election results. As a result, the fund flow for stocks may not have a clear direction. to pay dividends to foreign investors This may be a factor to pressure the baht to depreciate to some extent.
For the US, the highlights are the US CPI inflation report and the Consumer Confidence Index report. by the University of Michigan (U of Michigan Consumer Sentiment). assess the outlook for the Fed’s monetary policy in the next phase
In Europe, markets will be keeping an eye on the results of the Bank of England (BOE) meeting and statements by European Central Bank (ECB) officials after the ECB moved forward with interest rates and indicated that it is prepared to continue raising rates. .
on the Asian side Market players will wait to assess the prospects for the recovery of the Chinese economy. In addition, the market will keep an eye on the latest minutes of the Bank of Japan (BOJ) meeting after the BOJ reiterated its stance on accommodative monetary policy. Although inflation is above target. in the Thai side Market players will await the Consumer Confidence Index report as well as the earnings report of listed companies.
Kasikorn Bank said that Look at the movement of the baht next week at the level of 33.80-34.30 baht per dollar. Among the important factors to monitor is the bank’s position. and the US debt ceiling problem the direction of foreign capital and currency movements in the region
Although the key US economic numbers are the Consumer Price Index. Producer Price Index for April Consumer Confidence Index and Inflation Expectations in May (preliminary) as well as the number of weekly unemployment benefits In addition, the market is still waiting to follow up on the results of the BOE meeting and data China’s economic April, such as export data. CPI Producer Price Index and the amount of new loans in the yuan currency
