WTI crude futures rose more than 1% to $70 after the US released the Personal Consumption Expenditure (PCE) price index, indicating that inflation had peaked. And will be a factor to slow down interest rate hikes by the Federal Reserve (Fed). At 9:55 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in … Read more
The Dow Jones Industrial Average fell more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was willing to raise interest rates to curb inflation. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was 33,806.52 points, decreasing 120.22 points or 0.35%. Chip stocks fell today. Led by Nvidia (Nvidia) after … Read more
“From June 1, our bank’s five-year deposit rate will be lowered from 4% to 3.9%, and the three-year deposit rate will be lowered from 3.5% to 3.4%. It is not sure whether it will continue to be adjusted.” Dujiangyan Jindu Village Town Bank staff told China Securities Journal reporters. Recently, a number of rural banks … Read more
The reduction equals represents a decrease of 77 basis points compared to May of this year when it was at 45.41% annual cash. The fee that certifies the Financial Supervision, it reached a record high of 47.09% in March of this year. For its part, the effective annual current bank interest for the consumer and … Read more
The Dow Jones Industrial Average slipped more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was going to raise interest rates to curb inflation. As of 10:50 p.m. Thai time, the Dow Jones Industrial Average was 33,427.48 points, down 108.43 points or 0.32%. Mr. Powell said “I understand the impact of high … Read more
The Dow Jones New York Stock Exchange closed lower on Wednesday (May 3) after comments by Federal Reserve Chairman Jerome Powell left investors uncertain. Will the Fed continue to raise interest rates? The Dow Jones Industrial Average closed at 33,414.24 points, a decrease of 270.29 points or -0.80%, the S&P 500 index closed at 4,090.75 … Read more
The price of gold futures continued to plummet. Recently, it dropped $30, breaking the level of $1,990 today. While investors are worried that the US Federal Reserve (Fed) will continue to raise interest rates to curb inflation. At 9:26 p.m. Thai time, the COMEX (Commodity Exchange) gold contract is delivered in June. minus $ 30.50 … Read more
“The Czech currency is supported by a positive mood on the capital markets, a high interest differential and a change in the rhetoric of central bankers related, among other things, to the cooling of inflationary pressures. If this sentiment and macroeconomic development continues, the koruna may also move to stronger levels in the coming months, … Read more
Kasikorn Bank (KBANK) views the movement of the baht next week (April 17-21) at the level of 34.00-34.50 baht / dollar, while the Kasikorn Research Center assesses important factors to monitor, including capital direction. Foreign (Flow) and Asian currencies Reserve Bank of Australia and Bank Indonesia meeting results and China’s LPR rate setting, while key … Read more
WTI Crude Oil Continues Rising Recently, it soared almost 2%, breaking through the $ 83 level after the US revealed lower-than-expected inflation numbers. This will slow down the interest rate hike by the US Federal Reserve (Fed). At 11:10 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on … Read more