Sawasdee – June 7, 2022
Worries inflation hiked in May pressuring the market |
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| Market today | ||||
| The SET and major markets around the world are still seeing pressure from worries about rising inflation and interest rates to counter the high inflation. 10-year US bond yield is on an upward trend and recently returned to above 3%. The SET is likely to weaken and has supports at 1,642 and 1,632, and resistance is limited between 1,655-1,665. | ||||
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| Industry analysis | ||||
| Food – Product prices still being raised in 2Q22TD | ||||
| Food – Continued product price adjustment in 2Q22TD (Presentation) | ||||
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