Against 2,2% the actual increased GDP of Greece in 2023, instead of its original estimate 2,3%according to its winter forecasts European Commission. A strong recovery may have been recorded in 2022, but consumption growth slowed significantly but remained one of the main drivers of growth last year, Commission technocrats noted. “Despite tighter financing conditions, investment … Read more
Federal Reserve Poised for Potential Interest Rate Cut The Federal Reserve’s policymakers may be on the precipice of taking action by cutting interest rates, signaling a potential change in the current economic landscape. Investor Enthusiasm Surrounding US Central Bank As the week’s two-day policy meeting, which concludes on Wednesday in Washington, gains momentum, the investor … Read more
A money manager from the Bank of Ayudhya revealed that the baht opened this morning at 34.72 baht/dollar after the evening market closed. Yesterday at the level of 34.86/88 baht/dollar. The baht strengthens against the market following the weakening US dollar After last night the United States Announcement of GDP numbers for the 3rd quarter, … Read more
Major U.S. stock indexes opened higher on Thursday (21st) after economic data released earlier solidified investors’ bets on expectations of a rate cut by the Fed. In addition, US memory chip manufacturer Micron boosted its stock price after announcing an optimistic financial forecast a few days ago, opening up more than 7% on Thursday. before … Read more
The Dow Jones Index opened the market up more than 200 points in response to the US economy expanding less than expected in the 3rd quarter of 2023, which will be a factor supporting the US Federal Reserve (Fed) to stop raising interest rates. and begin reducing interest rates next year. As of 9:31 p.m. … Read more
The U.S. Federal Reserve (Fed) announced on Wednesday (13th) that it would keep its benchmark interest rate unchanged at a range of 5.25% to 5.5% and sent the clearest signal so far that a series of interest rate cuts will be carried out next year. The aggressive rate hikes to come may be over. Excerpts … Read more
The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? Legal persons are optimistic that the December Fed decision is the key to the battle between bulls and bears. (Picture taken from juheng.com) [Reporter Zhang Huiwen/Taipei Report]According to the Beige Book released by the Federal Reserve, the economy has slowed … Read more
Stock Miti – from the case of Mr. Settha Thavisin, Prime Minister and Minister of Finance Went to give an interview on a TV channel. It was stated that the report about Naked Short had been received, until there was an episode in the program answering the host’s question that “From what has been reported, … Read more
dollar indexIt fell on Monday (27th) and was at a nearly three-month low. Suppressed by expectations that the Federal Reserve may start cutting interest rates in the first half of next year,dollar indexThis month is expected to post its largest monthly decline in a year. In late New York trading, ICE tracks the dollar against … Read more
Amid high interest rates and high inflation, American consumers continue to spend. Consumer spending accounts for about 70% of U.S. GDP. The consumption boom during the COVID-19 epidemic has allowed the U.S. economy to maintain surprisingly strong growth momentum. According to preliminary estimates, U.S. real GDP grew by nearly 5% in the third quarter, the … Read more