InfoQuest – A money manager from Bank of Ayudhya revealed that the baht closed this evening at 36.83 baht/$, slightly down from the market opening this morning at 36.81 baht/$. The baht moved in the direction of a weaker yuan. During the day, the baht moved in a range of 36.73 – 36.85 baht/ “The baht increased after news from the Constitutional Court. Before returning to decline regionally, a financial executive said the yuan was leading the way. Tonight, the market is waiting to see the announcement of retail sales numbers for this month. May for the states United Finance Director Tomorrow's estimated baht movement range is 36.65 – 36.90 baht/dollar *Important factors
The price of the yen was 158.07 yen/dollar, as of this morning, at 157.64 yen/dollar. – The euro is at 1.0723 dollars/euro as of this morning at 1.0735 dollars/euro. The index closed today at 1297.41 points, an increase of 0.82. Points +0.06% Turnover around 38,015.41 million baht – Summary of trading volume by group Foreigners sold a net amount of 1,716.10 million baht – The Finance Minister revealed that the government is considering measures to stimulate the Thai capital market. After that, there will be several measures, such as the Long-Term Equity Fund (LTF) measures that will have new conditions. In order to be appropriate and attract more investors – the House of Representatives met and voted unanimously to accept the draft principles. The proposed referendum law will be reviewed in addition to the important principles related to the criteria for passing the referendum by reducing the double majority threshold. It is a majority standard at one level – the Constitutional Court. There is still no order appointing a decision in the case of dismissal of Mr. Sitha Thavisin from the position of Prime Minister. The issue of dissolving the Kao Clay Party today, and the next session is scheduled to be held in July 2024 in both cases – The Minister of Tourism and Sports revealed that from January 1 to June 16, 2024, there were 16.2 million foreign tourists entering Thailand, and they achieved income from spending approximately 765 billion baht, With the top 5 foreign tourist arrivals including China 3,179,539 people, Malaysia 2,253,397 people, and India 952,470 people. People, Russia 888,203 people, and South Korea 874,903 people – Center for Economic and Business Research Siam Commercial Bank It reduced the growth forecast for the Thai economy in 2024 to 2.5% from the previous estimate of 2.7%, with the Thai economy slowly recovering due to more uncertainty. Both external factors that have issues of trade barriers, geopolitical conflicts and internal instability are political factors that affect investor confidence – the Chairman of the Federal Reserve is scheduled to make a semi-annual monetary policy statement. To the US Senate Banking Committee meeting on July 9 – The Governor of the Bank of Japan (BOJ) revealed that there may be an increase in interest rates in July. It is based on the economic data at that time. This reflects the intention to continuously raise borrowing costs. From the current level of close to 0% – the Reserve Bank of Australia (RBA) decided to keep the interest rate at 4.35%, the highest level in 12 years. The Reserve Bank of Australia Committee has maintained interest rates at 5 consecutive meetings and in line with market expectations
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