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GENERAL

Baht dips on US inflation figures

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

Scepticism about Trump tax plan keeps stocks in check

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

Oil price plunge greases the skids for stocks

Business, Published on 15/12/2014

» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.

BUSINESS

Bonds halt gain on Fed stimulus exit

Bloomberg News, Published on 31/10/2014

» Thailand's five-year bonds halted a seven-week run of gains and the baht declined after the Federal Reserve ended its bond-buying programme, damping demand for emerging-market assets.

BUSINESS

Wall street jumps but factory data a worry

Business, Published on 27/04/2015

» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.