The Thai stock market rebounded yesterday following the Russian invasion of Ukraine as investors believe US sanctions targeting the Russian financial sector will have a limited effect on the energy sector and the global economy.
Investors also welcomed the decision by the US and North Atlantic Treaty Organization to refrain from sending troops to Ukraine.
However, analysts said investors still need to closely monitor the situation, including the Federal Reserve’s interest rate policy. On the home front, investors should keep an eye on the recent surge in daily Covid cases.
Domestic gold prices rose by 500 baht in the Gold Trader Association’s first adjustment yesterday, while WTI crude oil fell to US$95 per barrel yesterday morning.
According to CoinGecko.com, cryptocurrency market capitalisation rose 9.7% to $1.8 trillion baht….
