The Baht’s Moving Range and Factors Affecting the Currency Market
A money manager from Bangkok Bank revealed that the baht closed tonight at 35.52/53 baht / dollar, from the market opening in In the morning it was 35.53 baht / dollar. During the day, the baht moved in the range of 35.50 – 35.61 baht / dollar In terms of the currency of the region, […]
Dow Jones Rises as Fed Prepares to Raise Interest Rates in Response to Slower Economic Growth
The Dow Jones Index opened the market up more than 200 points in response to the US economy expanding less than expected in the 3rd quarter of 2023, which will be a factor supporting the US Federal Reserve (Fed) to give the better to raise interest rates. and start lowering interest rates next year. As […]
Dow Jones Index Surges as US Economy Grows Less Than Expected, Prompting Potential Fed Interest Rate Cuts
The Dow Jones Index opened the market up more than 200 points in response to the US economy expanding less than expected in the 3rd quarter of 2023, which will be a factor supporting the US Federal Reserve (Fed) to give the better to raise interest rates. and start lowering interest rates next year. As […]
Gold Futures Prices Rebound Above $2,050 as US Economy Slows and Fed Expected to Cut Interest Rates
Gold futures prices rebounded above the $2,050 level after the US economy expanded less than expected in the 3rd quarter of 2023, which will be a supporting factor for the US Federal Reserve (Fed) to stop raise interest rates. and start lowering interest rates next year. At 10:10 pm Thai time, gold contracts on the […]
Gold Price Forecast: Direction Next Week and Investment Strategy Analysis
Gold Price Rises to 51.40 USD per Ounce, Analysts Predict Upward Swing Warut Rungkham, Director of Analysis at YLG Bullion and Futures Company Limited, revealed in an interview with Nation Online that the price of gold in November saw an increase to 51.40 US dollars per ounce. According to Rungkham, the trend in gold prices […]
Kasikorn Bank Predicts Baht Movement for the Week of December 4-8
Kasikorn Bank Predicts Baht Movement for Next Week Kasikorn Bank (KBANK) has forecasted the movement of the baht for the upcoming week, setting the range at 34.50-35.50 baht/dollar. This prediction comes after the market closing on Friday, December 1, 2023, which saw the baht at 35.09 baht/dollar. The bank highlighted several important factors to watch, […]
Stock Market Closes Higher on Hope for US Economic Slowdown and Potential Fed Rate Cut
New York Dow Jones Closes Slightly Higher, Supported by Economic Hopes By: Professional Journalist The New York Dow Jones Stock Exchange index closed slightly higher on Friday (Nov. 17), marking its third consecutive week of gains. The uptick was supported by optimism surrounding a potential gradual slowdown in the US economy, commonly referred to as […]
US Stock Markets Surge as Investors Anticipate Potential Interest Rate Cuts by the Fed
US Stock Markets Close Higher on Wednesday According to CNBC, the US stock markets closed trading on Wednesday (Nov. 15) with strong gains. The Dow Jones Industrial Average rose 163.51 points, or 0.47%, to 34,991.21 points. The S&P 500 Index also saw an increase of 0.6%, breaking through the 4,500 level, and closing at 4,502.807 […]
Thai Stock Index Analysis for Next Week and Important Economic Factors to Consider
Rewrite text Kasikorn Securities sees the Thai stock index for next week (13-17 November) as having support levels at 1,375 and 1,350 points, while resistance levels are at 1,400 and 1,415 points, respectively Kasikorn Research Center is assess important factors that must be followed, including the direction of foreign capital. Including 3rd quarter 2023 results […]
The Baht Depreciates as Dollar Strengthens and Market Awaits Fed’s Decision
Baht Depreciates as Dollar Strengthens on Positive US Economic Figures In the foreign exchange market, the baht opened this morning weaker against the US dollar. The market closed last night at 35.94 baht/dollar, but this morning saw a depreciation to 36.17 baht/dollar. This movement is in line with the global trend, as the dollar has […]
