2023-05-12 10:34:52
A money manager from Bank of Ayudhya revealed that the baht closed this evening at 33.96 baht / dollar, depreciating from the morning market opening at 33.88 baht / dollar.
This evening, the baht depreciated from the morning. The baht depreciated once morest the dollar. in line with other currencies in the region due to concerns regarding the global economic situation financial institution crisis and the US debt ceiling
For tonight, the market is looking forward to the May preliminary consumer confidence index report from the University of Michigan.
Money managers expect the baht to move on Monday within a range of 33.83 – 33.99 baht/dollar, with the market keeping an eye on 2 important factors in the country, namely election results. unofficial MP from the Election Commission of Thailand (ECT) and GDP report for the 1st quarter of 2023 from the Office of the National Economic and Social Development Council (NESDB) or the National Assembly.
- important factor
- The yen was at 134.69 yen/dollar from 134.52 yen/dollar this morning.
- The euro was at $1.0910 from an early session of $1.0920.
- The SET index closed today at 1,561.35 points, down 6.05 points (-0.39%), with a trading value of 57,109 million baht.
- Group Trading Volume Summary Foreigners net selling 2,334.46 million baht (SET+MAI)
- On Monday, the NESDB will report Thailand’s GDP in the first quarter of 2023, which economists predicted that it would
grew by 2.3%, up from only 1.4% in the fourth quarter of 2022, with the Thai economic recovery in the first quarter expected to be driven by
important from tourism and private consumption that improved
- Win the big elections in Thailand. Election results unofficial MP from the Election Commission
a.) Which political pole will have the opportunity to form a government?
- G7 financial leaders meet today on measures to protect financial stability from the parade
withdraw money from the bank This is caused by using a messaging app. and online banking widely Including discussing to create a supply chain
flexible meal amid China’s dominance of key products
- The Office for National Statistics (ONS) released preliminary estimates that gross domestic product (GDP) of
Britain in the first quarter of 2023 grew 0.1% quarterly and UK GDP in March contracted 0.3% from July.
Wed.
- The US Treasury Secretary pointed out that the only reasonable solution in the current US debt stalemate is for Congress to
have to increase the debt ceiling Because if Congress can’t do that. will undermine the US credit rating
- US economic data That will be reported next week is the Empire State Manufacturing Index.
Manufacturing Index) May, Retail Sales April, Housing Market Index May from National Association of Home Builders.
(NAHB), April housing starts, weekly jobless claims
1683898550
#Thai #baht #market #conditions #closed #depreciating #region #Monday #expect #election #resultsGDP
