A money manager from Bank of Ayudhya revealed that the baht opened this morning’s market at 35.10 baht / dollar, appreciating from Friday evening’s close at 35.17 baht / dollar.
The baht appreciated against the end of the market. Because last Friday (July 7), US non-farm payrolls came out lower than expected, resulting in the dollar depreciating against all currencies.
“I think the baht will appreciate at a limited level. Because although the US employment numbers will come out lower than expected But wage figures still hold That it’s strong, “said the money manager
As for the domestic factors that need to be monitored this week is the progress of Thai politics. That there will be a vote to choose the prime minister on July 13
money manager Estimate the movement of the baht today at 35.00 – 35.30 baht / dollar.
The latest SPOT is at 35.18125 baht / dollar.
The key factor was the yen at 142.62 yen/dollar, from Friday evening at 143.09 yen/dollar, the euro was at 1.0960 dollars/euro from Friday evening at 1.0887 dollars/euro, the baht/dollar exchange rate. Interbank weighted average of the BOT. At the level of 35.248 baht / dollar, the Ministry of Finance The 2024 budget estimate has been delayed by 6 months, affecting the final curve of this year’s investment budget. and the first quarter next year decreased
Total 1.4 billion baht, while GDP in 2023 may affect only 0.05%, believing that disbursement in 2024 will be close to the target.
Keep an eye on July 13, 2023, make an appointment to vote for incumbent The 30th “Prime Minister” of Thailand later
Passed the election on 14 May 2023 for 2 full months
The US dollar depreciated against major currencies. in trading at the New York Stock Exchange on Friday (July 7).
after the release of US employment data that was weaker than expected Pull down 2-year bond yields
New York gold futures closed higher on Friday (July 7), boosted by the release of US jobs data.
less than expected
The U.S. Department of Labor released its June nonfarm payrolls figures. up 209,000 positions below that
Analysts had expected 225,000 jobs, while the unemployment rate dropped to 3.6%, in line with analysts’ expectations.
Average hourly wages for workers rose 4.4%, beating analysts’ expectations of 4.2%.
The price of bitcoin has dropped more than $100 this morning. which is a steady decline from last weekend due to
Concerns that the US Federal Reserve (Fed) will continue to raise interest rates has caused investors to cut back on risky assets, including
to bitcoin
Academy Securities analysts expect the Fed to continue raising interest rates. even though it was disclosed
Lower-than-expected non-farm payrolls on Friday. Because wage figures in June It still indicates rising inflation.
The National Bureau of Statistics (NBS) reports that the Consumer Price Index (CPI), a key gauge of inflation, stable in June
Y. Year-on-year That was weaker than analysts in a Reuters poll had expected a 0.2 percent gain after gaining 0.2 percent.
in May
investors in financial markets Keep an eye on US inflation data releases this week. On Wednesday, July 12, the Ministry of Labor
The United States will release the Consumer Price Index (CPI) for the month of June. And will release the Producer Price Index (PPI) for the month of June. in the day
Thursday 13 July
The China Securities and Exchange Commission (CSRC) announced a reduction in management fees.
fees and custodian fees for stock mutual funds down to 1.2%.
and 0.2%, respectively.
2023-07-11 13:31:17
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