A senior Federal Reserve official has signaled that the Fed may raise interest rates by more than 0.75% or as much as 1% at this month’s meeting. After the US inflation numbers rose above expectations. The US Department of Labor said The Consumer Price Index (CPI), a measure of inflation based on consumer spending, jumped … Read more
London shares closed higher on Tuesday (June 28), hitting their highest in more than two weeks as commodities rose. After China decided to relax measures to control the COVID-19 This helps to support the trading environment in stock markets around the world. The FTSE 100 London Stock Exchange closed at 7,323.41, up 65.09, or 0.90%, … Read more
The Dow Jones Industrial Average closed down for a fifth straight day on Tuesday (June 14) as investors remain worried that The US economy could go into recession if the Federal Reserve (Fed) accelerates interest rate hikes to curb inflation. Investors will be keeping an eye on the outcome of the Fed’s monetary policy meeting, … Read more
The Dollar Index, which measures the movement of the dollar against the six major currencies in a basket of currencies. It fell for the third straight trading day after hitting a 20-year high. while investors are open to risks and reduce the holding of the dollar as a safe-haven currency. As of 10:22 p.m. PST, … Read more
London stocks closed higher on Friday (May 20) on the back of China lowering interest rates to boost the economy. Soaring British retail sales data released also helped boost markets. The FTSE 100 London Stock Exchange closed at 7,389.98, up 87.24, or +1.19%. London shares rose as the People’s Bank of China cut interest rates … Read more
Mr. Pornchai Thiravej, director of the Fiscal Policy Office (FPO) as a spokesman for the Ministry of Finance, revealed that the Cabinet (Cabinet) has approved tax and fee measures. For real estate investment trusts that have repurchase requirements (REIT buy-back measures) to enhance liquidity for entrepreneurs and reduce the burden on businesses affected by the … Read more
The Securities and Exchange Commission (SEC) continues to support REIT buy-back fundraising to provide more options for accessing capital for entrepreneurs of all sizes, including SMEs who have suffered. from COVID-19, in line with government measures that exempt taxes and reduce related fees to help reduce the cost of the private sector As the Cabinet … Read more
Dollar weakens against major currencies While investors are keeping an eye on the Federal Reserve’s (Fed) monetary policy meeting this week. As of 11:35 p.m. PST, the dollar was up 0.02% to 130.16 yen, while the euro rose 0.16% to 136.89 yen and rebounded 0.13% to 1.052. The index measures the dollar’s movements against six … Read more
Thai Bond Market Association (ThaiBMA) Summary of Thai Bond Market Conditions Today The total daily trading value is 82.4 billion baht. The top two with the highest trading value are 1. Asset Management Group (Asset Management Company) bought a net of 43,301 million baht. 2. An insurance group bought a net of 85 million baht, … Read more
The Nikkei Stock Exchange Tokyo opened positive today. Because investors are buying cheap stocks. The Nikkei index has fallen sharply over the past two days, while the yen’s depreciation against the US dollar helped support the market. The Nikkei Index opened at 27,097.05, up 208.48, or +0.78%. Stocks that rose early this morning were led … Read more