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Kasikorn Bank Predicts Baht Movement and Factors to Watch Next Week

Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary Fund (IMF).

While important US economic figures include retail sales, home construction starts Industrial production and sales of used homes in March Housing Market Index New York Fed Manufacturing Sector Survey and of the Philadelphia Fed in April. The Fed’s Beige Book report and the number of weekly jobless claims.

In addition, the market is still waiting to follow March inflation data. of England, the Eurozone and Japan, and Chinese economic figures such as 1Q24 GDP, industrial production, retail sales and the unemployment rate in March.

On Thursday (April 11), the baht closed the domestic market at 36.57 baht/dollar, compared to 36.65 baht/dollar on the previous Friday (April 5). As for investment portfolio status. Of foreign investors between 9-11 April 2024, foreign investors net bought Thai stocks 7,918 million baht but had a status of Net Outflows from the Thai bond market 16,566 million baht (net sales of Thai bonds 15,509 million baht and expired debt instruments of 1,057 million baht)

2024-04-12 01:48:22
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