Sawasdee – June 9, 2022
Inflation up, higher interest rates pressure the market |
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| Market today | ||||
| The SET is under pressure from high inflation that is leading central banks to step up rates more rapidly. Keep an eye on the ECB meeting today, as it is expected to signal a raise in interest rates. The SET has supports at 1,630, and a drop below this is a negative signal; next support is at 1622. Resistance is pegged at 1,640 to 1,650. | ||||
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| Industry analysis | ||||
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Tourism
– Checking in Thailand’s reopening |
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