Home » today » Business » Thai Baht Market Conditions: Closes at 37.41, Market Expects to See US Job Numbers Tonight – US Inflation | RYT9

Thai Baht Market Conditions: Closes at 37.41, Market Expects to See US Job Numbers Tonight – US Inflation | RYT9

A treasury manager at the Bank of Ayudhya revealed that the baht closed at 37.41 baht / dollar this evening, close to 37.43 baht / dollar in the morning.

During the day, the baht fluctuates a lot. With the highest appreciation at 37.33 baht / dollar and the weakest at 37.51 baht / dollar today there is a strong sell off of bonds by foreign investors of around 1.6 billion baht, while investors I am waiting to see the number of non-working jobs. US agriculture in September, with a market forecast at the level of 250,000 people.

while next week A key factor that investors were waiting to see on Thursday was the September US inflation report.

“Next week, our house is only open for 3 days because there is a long vacation. Therefore, the market is expected to digest the US non-farm numbers earlier in the week due to the US inflation report. Our house is on vacation, “said the treasury director.

Treasury managers expect the baht to move within the 37.30 – 37.50 baht / dollar range next week.

  • important factor

  • The yen was at 144.84 yen / dollar from the morning session of 145.00 yen / dollar.
  • The euro was $ 0.9804 / euro from 0.9794 in the morning.
  • The SET index closed today at 1,579.66, down 9.52 points (-0.60%), with a trading value of 50,536 million baht.
  • Group Trading Volume Summary Foreign Net Sales 3,213.50 million baht (SET + NEVER)
  • The Bank of Thailand (BOT) reveals that the overall Thai financial system in 3Q22 is stable, but the risks need to be monitored.

higher inflation This will affect the debt management of households and businesses. and can affect the credit quality of

only the fragile group in addition to monitoring the volatility of the global financial market which could increase in the next period

  • The finance minister gave a keynote speech on “Developing the Thai capital market for the next decade”, stating that the context

Financial markets today are very different from the past. because both digital currency and digital resource play an additional role

financial markets, where regulators or regulators must establish rules to regulate this type of activity in a balanced way, without

Create obstacles in business But at the same time, businesses don’t have to take advantage of people. which will cause widespread damage

  • The head of the International Monetary Fund (IMF) said the outlook for the global economy is deteriorating. and the risk that the economy will

The recession was growing rapidly, so the IMF decided to further revise its economic growth forecasts downwards. and warned that the increase

Too fast interest rates could lead to a long recession.

  • The European Central Bank (ECB) continues to put pressure on some banks to be cautious about paying annual bonuses and dividends.

2022 amid concerns about the deterioration of economic prospects due to the energy crisis The above warning is urgent.

Because the ECB now sees that the European economy will slow heavily next year.

  • The US Federal Reserve (Fed) governor said the Fed must continue to raise interest rates until early next year to

keep inflation low This reflected that Mr. Waller showed little support for the Fed in easing its monetary policy tightening.

  • This was stated by the president of the Federal Reserve Bank (Fed) in Cleveland Branch. The unemployment rate in the United States tends to rise slightly due to

from the Fed rate hike. But that won’t stop the Fed from fighting inflation, which is its only main mission.

fed now

  • The Economist Intelligence Unit (EIU), an economic analysis agency, said Asian currencies tend to do so

will depreciate for another quarter After the US Federal Reserve (Fed) continued to raise interest rates.

  • Important US economic data to report next week include the Monetary Policy Committee.

The Federal Reserve (FOMC) released the minutes of its meeting on September 20-21, the weekly jobless claims, the price index.

Consumption (CPI) wk.


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