A money manager from Bank of Ayudhya revealed that the baht opened this morning’s market at 35.14 baht / dollar from the evening market close. Yesterday at 35.12 baht / dollar The baht depreciated slightly. move in the same direction as the regional currency Overall, the market came back to worry about the economic recession, … Read more
The Nikkei Tokyo Stock Exchange ended lower today. Investors took profits after the Nikkei closed up more than 3 percent on Friday (Oct. 14), coupled with a decline in automotive stocks. Amid fears that the United States may face a recession as the Federal Reserve (Fed) has accelerated interest rates to curb inflation. Kyodo News … Read more
A treasury manager from the Bank of Ayudhya revealed that the baht opened this morning at 37.97 baht/dollar, depreciating further. Because the market opened in the morning at 37.88 baht / dollar, moving according to the region and the world market. Because of the pressure to buy dollars from concerns. about the direction of interest … Read more
The Dow Jones Industrial Average closed lower Friday (Sept. 23) as investors continued to sell stocks amid recession fears. After the Federal Reserve (Fed) insisted on tightening monetary policy to curb inflation. In addition, the release of the Purchasing Managers’ Index (PMI), which included the US manufacturing and primary services sectors, contracted for the third … Read more
The pound fell to a 37-year low against the dollar today. Amid concerns about a spike in inflation and the weak British economy As of 9:30 p.m. GMT, the pound fell 0.617 percent to $1.145 after slumping to $1.141, its lowest level since 1985. The pound was also pressured by the dollar’s appreciation. From expectations … Read more
London stocks closed lower on Wednesday (August 31), with the biggest daily decline in seven weeks as rising inflation warnings in the coming months bolstered concerns about the economy. Severe recession in England The FTSE 100 London Stock Exchange closed at 7,284.15, down 77.48, or -1.05%. Britain’s inflation is hovering above 10 percent, its highest … Read more
Sony Corporation, a major Japanese video game company Announced to raise the retail price of the PlayStation 5 (PS5) game console in many international markets by reasoning that it is because of the global economy including inflation The price hikes for the PS5 console will take effect immediately, except in Japan, which will go into … Read more
Dollar strengthens against major currencies As investors flock to the dollar as a safe-haven currency Amid concerns about the economy As of 8:23 p.m. PST, the dollar was 0.93% to 134.56 yen, while the euro gained 0.83% to 136.56 and weakened 0.08% to $1.015. The index measures the dollar’s movements against the six major currencies … Read more