“Stock Dimension and Global Markets Group Analysis for Bank of Ayudhya Public Company Limited”

Stock Dimension – Global Markets Group Bank of Ayudhya Public Company Limited There are views on the direction of the baht this week that The baht this week tends to move in a range. 34.50-35.20 baht/dollar compared to last week The baht closed at 34.69 baht/dollar after trading during 34.26-34.78 baht/dollar, with the baht reaching its lowest level in more than two months, while the yuan continued to fall. The dollar continued to strengthen against all major currencies last week. The dollar index against a basket of currencies hit a cycle high. 2 While US bond yields rose after US economic data remained stronger than expected despite the US Federal Reserve (Fed) aggressively raising interest rates in the past. Fed officials have mixed opinions lately on whether the Fed should continue to raise interest rates. 34% that the Fed will keep interest rates at 5.00-5.25% in the meeting date 13-14 June and chance 66% that the Fed will raise interest rates 25bp to 5.25-5.50% In addition, during the week the dollar gained further support as a safe-haven currency on concerns about the US debt ceiling and China’s economic outlook. In this regard, foreign investors sold net Thai stocks and bonds. 12,189 million baht and 21,523 million baht respectively

for an overview this week. The Global Markets Krungsri Group said that the investment climate in risky assets may initially gain positive momentum after the US government reached a budget agreement to suspend restrictions on the government debt ceiling until the beginning of the year. 68 And the deal will be voted on in Congress. However, slower-than-expected U.S. inflation has led market participants to expect the Fed to stay high for longer than previously estimated. The main guiding factor for the foreign exchange market is the expected Fed policy direction. If the US non-farm payrolls data in May is lower than expected. The dollar will face profit taking pressure as well. 2 The U.S. year has surged. 86bp in just 3 week

for domestic factors The Monetary Policy Committee (MPC) is expected to raise interest rates. 25bp is 2.00% in the meeting date 31 May Inflation is on the decline, but communications from policy makers indicate they want it.Normalize In addition, the market will pay attention to the April economic report. while on the political side, there is still a risk that the preparation of the annual expenditure budget 67 will be delayed

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