InfoQuest – A money manager from Bangkok Bank revealed that the baht closed this evening at 36.78/79 baht/$, relatively stable from the market opened this morning at 36.78 baht/$, with no new factors for the baht during the day. It moves in a range of 36.78 – 36.85 baht/ “The baht has fallen a lot from yesterday. Because Japan has come out to admit that there is intervention in the yen. It causes the yen to rise and the value of the dollar to fall. It is the main factor affecting the baht and this is moving in the same direction as the regional currencies,” the money manager said. The factor to watch tonight is the non-farm employment numbers for April which the market expects to be much lower than last time, money managers estimate the range of baht movement on Tuesday at 36.75-37.00 baht/$.
*Important factors
– The yen is at 153.05/08 yen/dollar from this morning at 152.82 yen/dollar. – Euro at 1.0743/0745 USD/EUR from this morning at 1.0737 USD/EUR – The index closed today at 1,369.92 points 6.67 points (+0.49%) Trading value 37,512.00 million baht – Summary of trading volume by group Net foreign sales reached 1,447.93 million baht – Office of Trade Policy and Strategy (Office of Trade Policy and Strategy) Department of Commerce The general consumer price index (CPI) or inflation rate on April 24 revealed 108.16 or an increase of 0.19% compared to the same month last year. Which became positive for the first time after being negative for 6 months – Deputy Minister of Finance Mention the vision and progress in the digital wallet policy that this policy is one policy that caused 4 economic hurricanes in Thailand. It is a policy of distributing 10,000 baht to 50 million people aged 16 and above, which will result in 500,000 million baht entering the economic system, i.e. the first hurricane. From citizens to stores, the second hurricane from stores to stores, and the third hurricane from stores to the production sector. The fourth hurricane is a technology storm – the head of US stock market strategy at Bank of America Corp (BofA) said that the strong economic environment will cause the US stock market to continue the upward trend. One economist said that although there is no positive factor from the US Federal Reserve's interest rate cut, the European Central Bank (ECB) is likely to cut interest rates before the US Federal Reserve (Fed) has a negative impact on euro zone countries – Survey results today (May 3) indicate that British companies are issuing reports on the services sector and services sector activity has rebounded strongly. The highest level in almost a year in April. This comes despite cost pressures continuing to rise. SIGNIFYING ECONOMY GROWING STRONG ENGLAND – Today's US economic data includes April non-farm payrolls figures, the final April Services Purchasing Managers' Index (PMI) from S&P Global and the April Services Sector Index from the US Institute for Supply Management (ISM).
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