Thai Inventory Market Outlook: Key Assist and Resistance Ranges Forward of Financial Knowledge and Political Developments (August 19-23)

#Thai Shares – Kasikorn Securities Firm Restricted sees the Thai inventory index subsequent week (19-23 August) having assist ranges at 1,290 and 1,280 factors, whereas resistance ranges are at 1,310 and 1,330 factors, respectively, by Heart Kasikorn analysis vital elements that should be monitored, together with Thailand’s 2Q24 GDP numbers, MPC assembly. , speeches by Fed chairmen on the Fed’s annual assembly in Jackson Gap, in addition to statements by Fed officers. together with political points within the nation and the route of international capital

Necessary US financial information contains the minutes of the Fed assembly, the PMI index in August, second-hand house gross sales and new house gross sales in July. Together with the variety of individuals claiming weekly unemployment advantages. In the meantime, different international financial elements embrace China’s LPR rate of interest choice in August and the Client Value Index in July. from the Eurozone and Japan, in addition to Japan, Eurozone and UK August PMI indices.

** Development of baht worth

Kasikorn Financial institution Trying on the vary of motion of the worth of the baht subsequent week on the stage of 34.85-35.50 baht per greenback. In the meantime, Kasikorn Analysis Heart assesses vital elements that should be monitored, together with Thailand’s 2Q24 GDP numbers, MPC assembly outcomes. Political points and financial insurance policies of the brand new authorities Path of international capital Together with indications in regards to the route of rates of interest from the Fed chairman on the annual seminar in Jackson Gap, Wyoming.

In the meantime, vital US financial figures embrace pre-owned house gross sales and new house gross sales in July. Minutes of Fed assembly on 30-31 July and figures for weekly jobless claims.

As well as, the market remains to be ready to comply with the announcement of China’s LPR rate of interest and the July inflation charge. from the Eurozone and Japan, in addition to PMI indices for the manufacturing and repair sectors (preliminary) in August for Japan, the Eurozone, England and america as properly.

Sustain with the sport, know earlier than anybody else, comply with “Tun Inventory” on all these channels.

YOUTUBE Click on

Fb Click on

Click on Tiktok

Telegram Click on

Click on Twitter

Click on on Instagram