Market update by SCBFM: 26 October 2023
Financial Market Group Siam Commercial Bank Evaluate the baht today to move in the range of 36.20-36.45 baht/dollar. The dollar index rose in line with US Treasury yields, pushing the baht to weaken. US Treasury yields rose after the results of the 5-year bond auction came out worse. expect from concerns about bond supply that may increase In addition, rising oil prices put pressure on 10-year yields to increase. New home sales figures in the US came out better than expected. Meanwhile, the risk of war in Israel has decreased. after Israel decided to postpone its invasion of the Gaza Strip.
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2023-10-26 02:31:40
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