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Monday, April 29, 2024

Market Update 18/12 | ThaiCapitalist

Mentally I’m on holiday mode. The market looks like it is as well. But now the global markets, or let’s be frank the US markets which effectively has sucked all the capital in the world, appears to be pricing in cuts for next year.
Now I’m no squiggly line expert but last year the USDTHB went from 38 to 32.6 in 4 months, I wonder if we’ll see a repeat this time from 37 to 33-34? Impact on the SET? Looks like it’ll be minimal…but this domestic market needs all the help that it can get…

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