Sawasdee – August 23, 2022
Concerns over a big jump in rate weighing on market mood |
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| Market today | ||||
| The SET is expected to fall further on concerns the Fed will bump up rate rapidly at its Sep 20-21 meeting, as more investors expect the FOMC to end up stepping policy interest rate up 75 bps from the previous expectation of 50 bps. Technical signals have turned negative. We assign supports at 1,605 and 1,595; resistances at 1,625-1,635 | ||||
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| Company analysis | ||||
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KTB
- Top pick for rate hike and inflation cycle - Outperform
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