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  • BUSINESS

    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.

  • BUSINESS

    Too early for rate hate

    Business, Published on 10/08/2019

    » The Bank of Thailand voted 5-2 in favour of cutting its policy interest rate by 25 basis points to 1.50% in response to weak economic growth. The move came as a surprise to the market and to us. At this point, we believe that the central bank may wait to see the impact from Wednesday's decision before taking any additional steps.

  • BUSINESS

    Stocks climb as prospects for fed rate hike recede

    Business, Published on 06/06/2016

    » Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

  • BUSINESS

    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.

  • BUSINESS

    Dovish tone from yellen heartens equity investors

    Business, Published on 17/07/2017

    » Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.

  • BUSINESS

    Stocks trade in narrow range as investors comb us data

    Business, Published on 07/08/2017

    » Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

  • BUSINESS

    SET reviving after Wall Street scare

    Business, Published on 16/10/2018

    » The Thai stock market -- along with other emerging markets -- took a big hit last week after the US 10-year Treasury yield surged to 3.25% from 3.05% a week earlier as investors rushed to sell government bonds in anticipation of an interest-rate increase. This led to the Dow Jones Industrial Average falling more than 1,300 points (5%) on Wednesday and Thursday with the tech sector seeing most of the decline.

  • BUSINESS

    Oil and economic worries lead to late stock sell off

    Business, Published on 13/06/2016

    » Recap: Global stock markets were buoyed for most of last week by fading expectations of a US interest-rate increase before global economic concerns and falling oil prices prompted a late sell-off. Profit-taking after the recent rally pushed down the Thai stock market.

  • BUSINESS

    Set edges up despite Asian dip on China worries

    Business, Published on 25/05/2015

    » Recap: US and European stocks marched up last week with the Dow Jones and S&P hitting records as weak housing sales and manufacturing data suggested a delay in a Federal Reserve interest-rate increase. Most Asian markets retreated, especially in China, on worries over economic health of the world's second largest economy.

  • BUSINESS

    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.

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