Sawasdee – June 13, 2022

Still pressured by inflation and higher interest rates

Market today
The SET is likely to fall as US May inflation made a 40-year high, leading to worries the Fed may raise rates more aggressively, beginning with its FOMC meeting this week, June 14-15. The SET is under pressure and has supports at 1,622 and 1,612; resistance is pegged at 1,645 and 1,652.

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