Showing 1 - 10 of 24
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Business, Nareerat Wiriyapong, Published on 09/07/2024
» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
Business, Piyasak Manason, Published on 27/09/2023
» In the fourth quarter of 2023, InnovestX Securities expects the global economy to slow down significantly, with three main themes:
Business, Published on 07/09/2019
» The SET index moved off its high of 1,709 points to hit a low of 1,590 in August. The index later bounced back and drifted sideways before advancing towards 1,654 in the final week of the month, which also breached the 10-year uptrend line at 1,645. This indicates that the major uptrend has remained intact.
Business, Published on 16/03/2019
» The SET Index moved sideways amid softer turnover this week as many investors started to move to the sidelines ahead of the March 24 general election. We expect Thai shares to continue in a sideways/sideways-down pattern for another week before staging a post-election rally.
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Business, Nuntawun Polkuamdee, Published on 20/06/2017
» The long-delayed Thai-Chinese high-speed railway line, soon to break ground after the invocation of Section 44 to clear technical and legal hurdles, is expected to help construction stocks outshine others this week.
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Business, Published on 26/10/2015
» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.