Showing 1 - 4 of 4
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Emerging markets revive but us rate move looms
Business, Published on 28/11/2016
» Recap: The prospect of higher US interest rates moved markets all last week, with the Dow powering above 19,000 points, though the long US dollar rally paused on Friday while gold rebounded from a nine-month low. Emerging-market shares staged their first weekly advance in more than a month, led by commodity and energy producers. European shares were little changed, oil slipped back as hopes dimmed for an Opec production cut, and US Treasuries fell.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.