Market update by SCBFM: 19 January 2023
- Financial Markets Group Siam Commercial Bank Today’s valuation of the baht moved within the range of 32.90-33.20 baht / dollar.
- US dollar Adjusted to appreciate before falling down. After the Bank of Japan kept the policy rate unchanged and there was no change on the Yield Curve Control (YCC).
- Federal Reserve officials (Fed) commented that The Fed has to speed up the rate hike to 5-5.25% before stopping the rate hike to control inflation.
- Latest U.S. Retail Sales Report last December Slowed to -1.1%, including the Producer Price Index (PPI) -0.5% and the US manufacturing output -1.3%, more than the market had expected.
Follow the stock dimension channel to receive capital market news via the link below.
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon
