Newsletter

Baht Value Expected to Strengthen Amid US Economic Data Reports

Mr Poon Panichphibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the baht has appreciated against the dollar, with an opening value of 36.95 baht per dollar this morning (5th October 2023), compared to the previous day’s closing level of 37.07 baht per dollar. The baht is expected to range […]

Dow Jones Index Drops Over 100 Points as Energy Stocks Plunge Amid Economic Concerns

The Dow Jones Index Falls Over 100 Points Amid Concerns of Prolonged High Interest Rates The Dow Jones index experienced a significant decline of more than 100 points as energy stocks felt the pressure from plummeting oil prices. This occurrence has raised concerns about the Federal Reserve’s prolonged high interest rates and its potential impact […]

Baht Weakens as Dollar and Gold Prices Rise: Forecast for Further Depreciation

Baht Weakened Against Dollar Following US ISM PMI Index Report October 3, 2022 Mr. Poon Panichphibun, money market strategist at Krungthai GLOBAL MARKETS, Krung Thai Bank, has revealed that the baht opened this morning at 37.07 baht per dollar, weakened from the previous day’s closing level of 36.96 baht per dollar. The baht is expected […]

The Price of Gold Drops by $65: Concerns over Fed and China’s Real Estate Bubble

Gold Price Expected to Fluctuate in the Coming Week Investors Concerned as Gold Price Drops During the period from September 1 to September 29, the price of gold has experienced a significant decline of 65 US dollars per ounce. This downward trend has raised concerns among investors over the Federal Reserve’s decision to maintain high […]

The Weakening Dollar: US Price Index Delays Interest Rate Increase by the Federal Reserve

The Dollar Weakens Against Major Currencies as Fed Delays Interest Rate Increase In a significant development, the United States witnessed a decline in the Price Index for Core Personal Consumption Expenditure (Core PCE), reaching its lowest point in the last two years. This factor is expected to contribute to the Federal Reserve’s (Fed) decision to […]