The bank estimates the baht movement frame 29.80-30.10 baht / dollar, sticking to the NES figure. GDP announcement for Q4 / 2020 after Krungsri estimates shrink by -5.2% and keep an eye on the Fed meeting report – US economic stimulus measures
Miss Rung Sanguanruang Director of Global Margate Planning Bank of Ayudhya revealed to “Prachachat Business” that the Thai baht framework next week (February 15-19, 64) estimates the baht frame moving at 29.80-30.10 baht per dollar. The factors that need to be monitored will be domestic factors. Since on Monday, February 15, the Office of the National Economic and Social Development Council (NESDB) will release figures of economic growth (GDP) in the fourth quarter of 2020 by Bank of Ayudhya. Estimated GDP growth is a -5.2% contraction compared to the same period last year. And forecast the GDP figure for the whole year 2020 estimates a -6.4% contraction.
For foreign factors It will have to wait and see progress, US fiscal measures, retail sales and the Federal Reserve (Fed) minutes.
“In the direction of capital flows, there is still buying and selling pressure of foreign investors in the Thai stock and bond markets. As the world market sees inflation tends to rise “
Kasikorn Research Center The baht frame estimate next week is at the frame of 29.80-30.20 baht per dollar. The key factors that need to be monitored will be GDP figures for the fourth quarter of 2020 and Thai political factors Including the global COVID-19 situation and US economic stimulus measures
And the US economy, the key figures are producer price indices, retail sales, industrial production Data on building start-ups and second-hand home sales in January, the market may also wait to track the record of the Fed meeting (Jan. 26-27), Japan’s fourth quarter GDP and the total euro zone. Reached the introductory PMI index for the month. Feb of the US, the euro zone and the UK as well.
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