KBANK expects the baht next week to move within the range of 34.90-35.60 baht/dollar.

KBANK expects the baht next week to move within the range of 34.90-35.60 baht/dollar.

Kasikorn Bank (KBANK) forecasts the movement range of the baht next week (27 Nov. – 1 Dec.) at 34.90-35.60 baht per US dollar. Meanwhile, the Kasikorn Research Center assesses important factors that need to be followed, including the results of the MPC meeting (29 Nov.), Thailand’s October export figures and economic indicators, as well as … Read more

The baht gradually depreciated and the Thai stock index pair dropped 1,400 points. Foreigners sold without stopping.

The baht gradually depreciated and the Thai stock index pair dropped 1,400 points. Foreigners sold without stopping.

Summary of movements in the Thai stock marketThe Thai stock index broke below 1,400 points at the end of the week. Thai stocks fluctuated within a narrow range during the first period. Despite negative factors from Thailand’s 3Q23 GDP numbers that came out lower than expected, But there are still positive factors from the SET. … Read more

Xayaburi Power Company Limited’s Successful Green Bond Offering Bolsters Thailand’s Renewable Energy Future

Xayaburi Power Company Limited’s Successful Green Bond Offering Bolsters Thailand’s Renewable Energy Future

Mr. Worapot Uchupaiboonwong Managing Director of Xayaburi Power Company Limited or Xayaburi Hydroelectric Power Plant (XPCL), a joint venture of CK Power Public Company Limited (CKP), one of the largest producers of electricity from renewable energy in Region revealed that the offering of environmental conservation bonds denominated in baht (Green Bond) No. 1/2023 with the … Read more

Thailand’s Call for Long-Distance Tourists to Escape the Cold and Boost Economy with Free Visa Measures

Thailand’s Call for Long-Distance Tourists to Escape the Cold and Boost Economy with Free Visa Measures

Business operators hope that in the last 2 months, more long-distance tourists will escape the cold to travel to Thailand. After finding that free visa measures encourage tourists to stay longer and spend more Suggests extending measures to India and Taiwan for MICE operators around the world. Make Thailand number one in your heart Overtaking … Read more

Baht Appreciates Slightly as Dollar Weakens: Impact of Israel-Hamas Conflict and US Bond Yields on World Currency Markets

A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 36.45 baht/dollar, slightly appreciating from yesterday evening when the market closed at 36.47 baht/dollar. This morning, the baht strengthened slightly from yesterday’s market close. Because last night the US dollar fell after the Chairman of the US … Read more

Factors Affecting the Thai Stock Market: Foreign and Domestic Influences

Factors Affecting the Thai Stock Market: Foreign and Domestic Influences

Foreign factors affecting the Thai stock market • 2 Oct. Manufacturing PMI (ISM) Sept. Market expects 47.8 points from the previous 47.6 points. • 4 Oct. Service sector PMI (ISM) Sept. market expects 53.5 points from the previous 54.5 points and factory orders Aug. market expects +0.2% mm, floor from last month at -2.1%. mm … Read more

The Baht’s Movement and Factors Affecting the Thai Economy: Updates and Analysis

A money manager at the Bank of Ayudhya revealed that this evening the baht was at 36.48 baht/dollar, strengthening from the market opening this morning at 36.59 baht/dollar, moving in line with the world market after there was pressure to sell dollars to make a profit. Because the bond yield adjusted downwards during the day, … Read more

United States Launches Chip War with China: Rules to Block Out Subsidy Cycle

United States Launches Chip War with China: Rules to Block Out Subsidy Cycle

The United States launches a “chip” war with China, issuing rules to block it. Out of the subsidy cycle I TNN Hours of making money I 25-09-66 . Tracking factors 1. The United States opens a “chip” war with China, issuing rules to block Out of the subsidy cycle 2. The yen depreciated to the … Read more

Baht Value Update: The Impact of Foreign Investments and US Economic Data

Baht Value Update: The Impact of Foreign Investments and US Economic Data

Mr. Poon Panichphiboon, money market strategist, Krungthai GLOBAL MARKETS, Krung Thai Bank Revealing the value of the baht opened this morning (23 Aug) at a level of 35.02 baht per dollar. slightly depreciated Almost unchanged from the previous day’s closing level of 35.00 baht per dollar. And looking at the baht frame today, it is … Read more

Outlook on the Baht Direction: Global Markets Group, Bank of Ayudhya Analysis and Predictions

Global Markets Group Bank of Ayudhya (BAY) revealed its outlook on the baht direction this week. There is a tendency to move within a range of 34.90-35.50 baht / dollar compared to last week. The baht closed at 35.06 baht/dollar after trading in the range of 34.62-35.19 baht/dollar last week. The baht touched the weakest … Read more