Sawasdee – September 1, 2022
The market is risky, overall has downside |
||||
| Market today | ||||
| We expect the upper bound of the SET to be at its earlier high of 1,650, and overall has downside as the market is facing negative factors: 1) central banks still plan to raise interest rate to tame inflation; 2) QT value will jump to US$95bn in September, causing less liquidity; and 3) Thai baht weakening, negative to fund flows. The supports are at 1,630 and 1,620. | ||||
|
|
||||
|
||||
| SCBS data book | ||||
| SCBS Data book – A look back at Aug and ahead to Sep | ||||
|
|
||||
FOLLOW US
SCB's Facbook INVX's Twitter