WTI crude futures rose more than 2% to $75 on a lower-than-expected Consumer Price Index (CPI) release. This will be one factor that will encourage the US Federal Reserve (Fed) to slow rate hikes. At 22:53 Thai time, contract for West Texas crude oil (WTI) for January delivery. which traded on the NYMEX plus $1.93, … Read more
November Consumer Price Index (CPI) data from the US Department of Labor has fueled speculation in money markets that the US Federal Reserve (Fed) will further slow interest rate hikes as early as next year. Photo taken March 2019 (Reuters 2022/Leah Millis)¥ [１３日 ロイター] – The US Department of Labor’s November Consumer Price Index (CPI) … Read more
The SET closed today at 1,625.91 points, an increase of 2.78 points (+0.17%), equivalent to 55,072.71 million baht. stock trading today index volatility The highest level was 1,633.07 points and the lowest was 1,621.41 points. In regards to stocks, today’s change was up 471 stocks, down 1,037 stocks, and 570 stocks were unchanged. Mr. Narongdej … Read more
Dollar Weakens Slightly But the depreciation wasn’t much as it was still supported by Producer Price Index (PPI) data which rose more than expected. This will be the factor that will encourage the US Federal Reserve (Fed) to go ahead with raising interest rates. This week has been quite active. Four central banks, including the … Read more
Jakarta, CNBC Indonesia – Bright clouds are starting to darken the Indonesian financial market. The Composite Stock Price Index (IHSG) is still in the red zone. However, the rupee exchange rate recovered from the slump, while government bonds (SBNs) once again attracted investor attention. The threat of recession still haunts global markets, but good news … Read more
The prices of Ripple (XRP), Cardano (ADA), Polygon (MATIC) and Dogecoin (DOGE) are destined for further declines and could fall to zero. With such a caveat spoke former hedge fund manager Cramer & Co. and Mad Money show host Jim Kramer. The expert urged to get rid of crypto assets due to the “collapse coming … Read more
The Dow fell more than 100 points amid worries The US Federal Reserve (Fed) rushing to raise interest rates to curb inflation will push the US economy into a recession. At 22:11 Thai time, the Dow Jones Industrial Average was 33,810.78 points, down 136.32 points or 0.40%. Yesterday the Dow Jones fell nearly 500 points, … Read more
The author of six best-selling financial books, James Rickards, has said his new book “Sold Out” predicts a massive economic collapse in 2023. website writes. .com. On top of the “perfect storm” of inflation and ongoing supply woes, we have the recent crash of cryptocurrency exchange FTX. Rickards says, “This will certainly cause back-to-back crashes … Read more
The Dow Jones New York Stock Exchange closed slightly higher on Tuesday (November 29) on volatile trading. The market was put under pressure by falling shares of Apple and Amazon. Investors will listen to Federal Reserve Chairman Jerome Powell’s speech today for any indication of the direction of the Fed’s interest rate. The Dow Jones … Read more
Mr. Kobsit Silpachai, Economic and Capital Markets Research Manager Kasikorn Bank (KBANK), told the ‘Economic Outlook Thailand Forecast’ seminar, he has revised the 2022 baht target to 35.25 baht/dollar from the previous estimate of 37 .50 baht/dollar due to the financial market. have confidence that inflation in the US has passed its peak This should … Read more