InfoQuest – A money manager from Bank of Ayudhya revealed that the baht closed the market this evening at 36.79 baht/$, down from the morning when the market opened at 36.67/68 baht/$. During the day, the baht moved in the range of 36.70-36.80 baht/$ today, and no The baht is still fluctuating within a narrow range. The market is still digesting the same news regarding the interest rate policy direction from the US Federal Reserve, which indicated that it may cut interest rates only once this year, while next week. You should keep an eye on the politics of the country and this will be an important factor for the financial market. Because there are many issues that will be considered, especially the case in which 40 senators submitted a petition to the Constitutional Court to decide on the qualifications of the Prime Minister. After the proposal to appoint Mr. Phichit Chuenpan as Minister of the Prime Minister's Office, this is an important case that the market is waiting to see. “Next week, what we have to monitor are the political factors in the country. Because there are several important cases but what is likely to have a real impact on the market is the case of Prime Minister Sitha, because she will have a continuing impact on economic policies and measures. As for the case Move Forward Party The money manager said Mr. Thaksin's case may not have a major impact on the market and the money manager expects that early next week the baht will move in the range of 36.60-36.85 baht/dollar.
*Important factors
– The yen price is 157.09 yen/dollar since morning at 157.28/31 yen/dollar. – The euro is at 1.0687 dollars/euro since the morning at 1.0738/0742 dollars/euro. – The index fell today at 1,306.56 points 5.22 points (-0.40%), trading value is about 38,680.28 million baht – Summary of trading volume by group Foreigners sold a net amount of 724.59 million baht – The Prime Minister denies reports of his resignation from office. Including the news of the dissolution of Parliament. To escape the case in which 40 senators requested their dismissal and withdrawal from their positions. In the case of the appointment of Mr. Phichit Chuenpan as Minister of the Prime Minister's Office, it was also stated that the legal team had sent an additional list of witnesses. It has already been added to the Constitutional Court but he did not want to comment because it would be in violation of the court's jurisdiction – and the Deputy Finance Minister said that at this time the government has not yet considered the need to introduce it The Stock Support Fund has returned to use after the current Thai stock market index continued to decline. But what is still uncertain – the Ministry of Finance is preparing to present it to the meeting of the Economic Working Group. There will be a meeting in the next two weeks to consider it. With additional short-term economic stimulus measures – The Chairman of AstraZeneca Thailand revealed that the company has a 3-year (2024-2026) investment and cooperation plan in Thailand worth 6,200 million baht and confirmed business expansion to support progress in the field of health in Thailand – The Bank of Japan (BOJ) decided Maintaining interest rates at 0-0.1% at today's meeting (June 14), but decided to reduce holdings of Japanese government bonds and the Bank of Japan will reveal details about reducing bond purchases at its July meeting. Until then, the Bank of Japan will continue buying bonds at current levels. This equates to about 6 trillion yen ($38.1 billion) per month. The Bank of Japan is monitoring the impact of the yen's depreciation on inflation, and the Bank of Japan will take appropriate measures in response. Yen movement It was stated that the Bank of Japan will raise interest rates if inflation rises to the Bank of Japan's target of 2% – S&P Global Ratings, the world's leading credit rating agency from the United States, revealed that China needs to reform debt instruments due to the increase in debt which creates major risks Long-term impact on the country It is reported that although the Chinese government has taken continued fiscal stimulus measures, debt levels remain high while GDP slows – Asian retail gold buyers still want to buy more gold despite the rise in the price of gold due to uncertain geopolitical and economic factors. College pays gold purchase.
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”