US Inflation Rises to 3.5% in March 2024, Disappoints Market Expectations
Photo by Frederic J. BROWN / AFP US inflation in March 2024 remains at 3.5%, which is higher than expected. The market is disappointed, adjusting its forecast for the first interest rate cut, which may not happen in June. Leads to stocks falling steeply. April 10, 2024 at 8:30 pm Washington, DC, US time, which […]
The Story of a Nation: Understanding the Baht’s Depreciation and US Economic Trends
Follow the news >> The Story of a Nation The Bank of Ayudhya estimates that next week the baht will move in a range of 36.30-37 baht per US dollar. Keep an eye on US inflation – Thailand’s MPC meeting on April 10 is expected to hold interest rates at 2.5%, opening statistics from January […]
Strong Employment Data Boosts Dow Jones Index, Fed May Slow Rate Reductions
The New York Dow Jones Stock Exchange index closed positive on Friday (April 5) after the release of strong employment data that reinforced views that the US economy remains strong, despite signs that the Federal Reserve (Fed) may slow and reduce the interest rate even but The Dow Jones Industrial Average closed at 38,904.04 points, […]
Factors Affecting the Baht: Concerns about Fed Interest Rates and Digital Wallet Measures
Mr Poon Panichphibun, an analyst in the currency trading room Krung Thai Bank revealed i STORY OF A NATION that Factors weighing on the baht Still concerned about Fed interest rate outlook That encourages the dollar to gradually strengthen. while other major currencies, especially European currencies They depreciate. From a market perspective, it is believed […]
Analysis of Baht Movement and Foreign Investment Trends for the Week of April 1-5, 2024
Kasikorn Bank (KBANK) sees the movement of the value of the baht next week (April 1-5) at the level of 36.00-36.80 baht / dollar, while the Kasikorn Research Center assesses important factors that need to be monitored, including inflation numbers. from Thailand Foreign capital signals (Flow) and Asian currency direction Although important US economic figures […]
Kasikorn Securities Co, Ltd Predicts Thai Stock Index Direction for Next Week Amid Global Economic Data
Kasikorn Securities Co, Ltd sees the direction of the Thai stock index next week (1-5 April) with support levels at 1,370 and 1,360 points, while resistance levels are at 1,385 and 1,400 points, respectively Kasikorn Research Center evaluates factors. Among the important things to follow is Thailand’s March Consumer Price Index. and the direction of […]
Navigating the Country’s Economic Landscape: Key Factors to Watch
Factors in the country that must be followed • 25 March. Export in February. The market expects exports to grow +4% yy from the previous growth of +10% yy, imports +3.8% yy from the previous growth of 2.6% yy, and the trade balance to be at a deficit of $573 million from the original deficit […]
Baht Depreciates Against Dollar as US Economic Numbers Strengthen
A money manager from Bank of Ayudhya revealed that the baht opened this morning at 35.82 baht / dollar, depreciating from the close. The market last night was 35.64 baht/dollar. The baht depreciated against the market. This is because the US economic numbers came out well last night, the producer index came out higher than […]
Dow Jones Futures Rise as Powell Prepares to Address Congress on Monetary Policy
Dow Jones futures jumped more than 100 points before Federal Reserve Chairman Jerome Powell presented his half-yearly statement to Congress on monetary policy and economic conditions for the second day. As of 9:25 pm Thai time, the Dow Jones Futures Index rose 119 points, or 0.31%, to 38,823 points. Powell is expected to make a […]
Paul Romer Advocates for Limiting Imports and Increasing Knowledge Transfer for Economic Development
Nobel Prize winning economist Paul Romer says Joe Biden’s government must limit imports from abroad. But it should increase attraction. “Knowledge” from abroad is brought in to develop the country instead. “Paul Romer” notes that the Joe Biden government must limit foreign imports. But it should increase attraction. “Information” One way to distinguish the flow […]
