The baht strengthens Keep an eye

For next week (18-22 March), Kasikorn Bank estimates the baht’s movement range to be 31.50-31.80 baht per dollar. We must keep an eye on the results of the MPC’s monetary policy meeting. (20 Mar.) Export figures for February. of Thailand, capital flows of foreign investors and domestic political factors, while important foreign factors include the monetary policy stance of the United States. From the results of the FOMC meeting, including economic estimates and the Fed’s new Dot Plot (19-20 Mar.), consideration will be given to the BREXIT agreement that the British Prime Minister will present to Parliament. Results of the Bank of England monetary policy meeting Including the issue.

Trade negotiations between the United States and China

US economic data section Important during the week was the Business Trends Survey by the Philadelphia Fed. March Housing Market Index February second-hand home sales Factory sector orders in January As for the movement of the Thai stock market The Thai stock market index decreased slightly from the previous week’s closing level, Phone Number List with the SET index closing at 1,625.57 points, down 0.28% from the previous week, while the average daily trading value decreased 0.94% from the previous week to 40,324.06 million baht. Decreased 1.52% to close at 365.55 points. The Thai stock market index fluctuated in a narrow range at the beginning of the week.

Kasikorn Research Center

Before rebounding in the middle of the week From support in stocks in the energy, service and technology sectors after the FTSE announced that it would increase the weight of investing in Thai stocks, however, the index fell during the CW Leads rest of the week. from concerns about Progress in trade negotiations between the US and China, BREXIT situation, including domestic factors. Meanwhile, foreign investors continue to net sell Thai stocks. Summary of the movement of the baht value: The baht strengthened slightly The baht gradually strengthened at the beginning of the week, while the dollar had negative factors from inflation. 

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