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Search Result for “currency”

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BUSINESS

Mixed messages from fed keep traders guessing

Business, Published on 22/08/2016

» Recap: A hawkish comment from New York Fed President William Dudley that US interest rates could be raised as soon as September weighed on global stock markets early last week. However, minutes of the July Fed meeting released on Wednesday suggested policymakers had mixed views and speculation about an imminent move decreased.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

BUSINESS

Weak China outlook keeps shares on back foot

Business, Published on 07/09/2015

» Recap: Downbeat factory activity data in China cast a dark cloud over global stock markets as investors' concerns over the world's economic health mounted. However, economic stimulus measures to help low-income earners and SMEs shielded the Thai bourse.

BUSINESS

China worries hit stocks as blast deepens set pain

Business, Published on 24/08/2015

» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

BUSINESS

Set rides wave of ECB euphoria to 5.3% Gain

Business, Published on 26/01/2015

» Recap: An aggressive stimulus move by the European Central Bank (ECB) stoked a global stock rally last week. The Thai market also tracked the euphoria.