CEO Jamie Dimon painted a bleak picture for investors on Thursday. Jamie Dimon, CEO of banking giant JP Morgan, says that nuclear destruction is a greater risk than climate change. Stock photo from 2022. EPA/AOP The most influential banker in the United States, CEO of JP Morgan Chase Jamie Dimon says that World War III … Read more
The Dow Jones Index opened the market up more than 200 points in response to the US economy expanding less than expected in the 3rd quarter of 2023, which will be a factor supporting the US Federal Reserve (Fed) to stop raising interest rates. and begin reducing interest rates next year. As of 9:31 p.m. … Read more
Gold futures prices rebounded above the $2,050 level after the US economy expanded lower than expected in the 3rd quarter of 2023, which will be a supporting factor for the US Federal Reserve (Fed) to stop raising interest rates. and begin reducing interest rates next year. At 10:10 p.m. Thai time, gold contracts on the … Read more
Kasikorn Securities sees the Thai stock index for next week (13-17 Nov.) having support levels at 1,375 and 1,350 points, while resistance levels are at 1,400 and 1,415 points, respectively. The Kasikorn Research Center assesses important factors that Must follow, including the direction of foreign capital. Including the 3rd quarter results of 2023 of Thai … Read more
Kasikorn Securities sees that next week’s Thai stock index (30 Oct. – 3 Nov.) has support levels at 1,360 and 1,350 points, while resistance levels are at 1,400 and 1,420 points, respectively. The Kasikorn Research Center assesses important factors that need to be followed, including the Fed meeting (31 Oct. – 1 Nov.), the direction … Read more
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
Headline and core inflation in the Eurozone eased in May, far less than expected following recent inflation data from Spain, France and Germany. European stocks closed higher after inflation eased European stocks rose at the close of trading today, Thursday, as data on falling inflation sparked controversy over the need for further interest rate hikes … Read more
A money manager from Bank of Ayudhya revealed that the baht opened this morning’s market at 34.74 baht / dollar, depreciating from The market closed yesterday evening at 34.59 baht / dollar, moving in line with regional and global markets. because the dollar appreciates Rising Bond Yield After the US economic numbers announced last night … Read more
The American “Bloomberg” website indicates that savers in banks that recently collapsed are looking for alternatives in order to keep their surplus money and obtain a better interest rate, and confirms that the transformation brought about by the collapse of those banks poses risks to the American financial system. Fed data: Deposits with these banks … Read more
Fear shook the New York Stock Exchange and stock prices tumbled on concerns about what would be next to go bankrupt under the weight of rising interest rates after the biggest US bank failure in nearly 15 years. The index Standard & Poor’s 500 fell 1.4 percent, capping its worst week since September. All this … Read more