Sunday, January 17, 2021
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Forex Broker News gulfbrokers

Weakening Thai Ecomony Signals

Thailand’s markets have been boosted by almost $4 billion of foreign inflows this month as the central bank held off from interest-rate cuts, helping support bonds and the currency. But even the Bank of Thailand has voiced concern over the baht’s strength and said it has intervened in the market, while economic growth prospects are worsening.

Table of Contents

  • RELATED POSTS
  • Retail in eurozone slows despite trade war
  • EU invests in green energy
  • Cutting of output didn’t help

RELATED POSTS

Retail in eurozone slows despite trade war

EU invests in green energy

Cutting of output didn’t help

“Foreign funds are using equities and bonds as tools to speculate on the baht’s strength,” said Pornthep Jubandhu, head of the investment research group at SCB Asset Management Co., the nation’s biggest private money manager with $45 billion of assets. “This rally could be short-lived as fundamentals are very weak with the poor economic outlook, trade dispute and domestic politics.”

Source: Stock Exchange of Thailand, Bloomberg

The Bank of Thailand this week lowered its growth forecast as the U.S.-China trade war hurt exports. Domestic political risk is also rising with the ruling coalition holding just a tenuous majority in the House of Representatives, and the opposition alliance set to fight what it sees as continued military control.

“There is little logic about the gain in domestic equities, currency and some other assets,” said Kavee Chukitkasem, deputy managing director at Kasikorn Securities Pcl. in Bangkok. “The economy is so weak with sluggish consumption, investment, exports and tourism. ”

Meanwhile, the “slim parliamentary majority will probably be the key risk to political stability,” he said.

Source: Bloomberg

ADVERTISEMENT

The post Weakening Thai Ecomony Signals appeared first on Gulfbrokers.

Share197Tweet123ShareSend

Related Posts

gulfbrokers

Retail in eurozone slows despite trade war

December 11, 2019
gulfbrokers

EU invests in green energy

December 11, 2019
gulfbrokers

Cutting of output didn’t help

August 6, 2020
gulfbrokers

New peak is here

December 3, 2019
gulfbrokers

Alibaba is first step to selling stocks

December 3, 2019
gulfbrokers

No more Huawei in America

December 3, 2019

Select one of the Best Forex Brokers for your Trading  |  Read the Reviews

Onorio

Onorio Review

Lucrum pro Lucrum.pro

Lucrum Pro Review

https://www.plutus.pro/

Plutus Pro Review

jp finance broker

JP Finance Review

galore pro forex broker

Galore Pro Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.

Risk Disclosure: Forexbroker.news assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. Forexbroker.news remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, Forexbroker.news assumes no responsibility for any trading losses you might incur as a result of using this data.You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBroker.News has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBroker.News, nor shall it bias our reviews, analysis, and opinions.

  • Privacy Policy
  • Contact US
  • Terms of use,

Copyright © 2020 forexbroker.news

No Result
View All Result
  • Home
  • Forex Broker Reviews
  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News

© 2020 https://forexbroker.news - Forex Broker news & magazine