InfoQuest News Agency (21 Dec. ’23)
A money manager from Bangkok Bank revealed that the baht closed this evening at 34.86/88 baht/dollar, strengthening from The market opened this morning at 34.98 baht/dollar, moving the market in the direction of the world market. But during this period the volume of transactions is quite light. The market is waiting to see the announcement of the 3rd quarter GDP numbers (last estimate) of the United States and the Personal Consumption Expenditures (PCE) price index data for November. “The baht moves in line with region But today there is light transaction volume. The market is waiting for new factors to come in,” said a money manager. A money manager The baht’s movement range is estimated tomorrow at 34.80 – 35.00 baht/dollar. * Important factors – The yen is at 143.10 yen/dollar from 143.46 yen/dollar this morning. – The euro is at 1.0950 yen/dollar. From this morning at 1.0947 dollars/euro – SET Index closed today at 1,404.84 points, an increase of 4.47 points, +0.32%, trading value 38,760.88 million baht – Summary of trading volume by group. Foreigners bought a net amount of 536.82 million baht – Krungthai COMPASS Research Center estimates that in 2024 the Thai economy will expand by approximately 3%, adjusted down from previously expected. The projected level is 3.6%, but if the Digital Wallet policy is implemented to the full extent of 500 billion baht, it will help the economy grow up to 4% – Commerce-NRCT assesses the incident of Yemen’s Houthi army attacking foreign shipping vessels in the Red Sea. Resulting in an adjustment in freight rates. Doubled from the previous week. Hopefully the situation will not prolong to the point of affecting exports – Economic and Business Forecast Center University of the Thai Chamber of Commerce It is expected that public spending during the New Year Festival of 2024 will have a circulation of 105,924.21 million baht, an increase of 2.8% from the previous year, or the highest in 4 years – Thai Rice Exporters Association Revealed that the price of Thai 5% white rice rose 2.5% from the previous week to US$650, the highest level since October 2008, driven by concerns about increased demand for rice and the impact of El Niño phenomenon – TTB Economic Analysis Center (ttb analytics) assesses domestic tourism in 2024 can still create history. This is the second year in a row in terms of the number of tourists expected to reach 292.1 million/times, while expenses per trip are decreasing. with a value exceeding 1 trillion baht – Lloyds Bank (Lloyds Bank) reveals that the British business sector has decreased confidence in the economic outlook, according to the results of the Lloyds Bank Business Barometer survey, which surveyed 1,200 companies. all over England The results came out that it dropped 7 points to 35% in December from the highest level in 21 months in November at 42%. It was also the largest decrease since August 2022 when compared. on a monthly basis, which is another sign indicating an economic slowdown – Investors are waiting to see third quarter GDP data (the final estimate) of the United States, which will be released today (Dec. 21), and spending price index data. Personal Consumption (PCE) for November, which will be revealed tomorrow (22 Dec.), which is a measure of inflation. The United States Federal Reserve (Fed) gives importance to
By Thanawat Suayaem/Ratchada Kongkhunthian
2023-12-21 10:40:48
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