Kasikornbank expects the baht next week to be 35.30-36.30 baht per US dollar. While Thai stocks are in the range of 1,585-1,650 points
Kasikorn Bank Assessment of the movement of the baht next week between November 21-25 is at the level of 35.30-36.30 baht per US dollar. After the baht closed the market on Friday, November 18, 2022 at a level of 35.73 baht per dollar. while the Kasikorn Research Center Evaluate key factors to monitor, including 3Q22 GDP numbers and October export data of Thailand, foreign capital direction and regional currency situation. Including important US economic numbers
In addition, the market is waiting for the outcome of the meeting of the Bank of Korea and the Bank of New Zealand. China’s LPR rate announcement, as well as UK, Eurozone and US November PMI.
As for the movement of the Thai stock market next week Kasikorn Securities Co., Ltd. estimates that the index has support at 1,600 and 1,585 points, and resistance at 1,630 and 1,650 points, respectively. of Thailand Including the direction of foreign capital and important US economic data
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