New York West Texas Intermediate (WTI) crude futures closed for the second straight day on Wednesday (March 8) as investors continued to worry about the Federal Reserve’s aggressive rate hike. (Fed) will affect the economy and demand for oil. Such concerns overshadowed the positive factor from a more-than-expected drop in US crude inventories last week. … Read more
The next meeting of the Fed’s Open Market Committee that must decide on interest rates will be held between March 21 and 22. The President of the United States Federal Reserve (Fed), Jerome Powellclarified this Wednesday that the body has not yet made a decision on how much to raise interest rates and that he … Read more
The Dow Jones Industrial Average fell more than 100 points amid concerns the Federal Reserve is accelerating interest rate hikes to curb inflation. As of 11:35 p.m. Thai time, the Dow Jones Industrial Average was 32,733.79 points, down 122.67 points or 0.37%. Trading was pressured today. after revealing higher than expected private employment numbers While … Read more
The 2-year US Treasury yield, sensitive to Federal Reserve monetary policy, soared above 5 percent to its highest level since 2007, while 10-year and 30-year Treasury yields adjusted. down below 4% As of 7:32 p.m. Thai time, the 2-year government bond yield was at 5.041% after reaching 5.047%, while the 10-year government bond yield was … Read more
The Dow Jones continues to rise. Recently, it soared more than 300 points after the US revealed that orders for durable goods fell more than expected. This will be a factor causing the US Federal Reserve (Fed) to accelerate in raising interest rates. In addition, the stock price was driven by investor speculative orders. After … Read more
The Commerce Department’s January personal consumption expenditures (PCE) price index for January has prompted the Fed to raise interest rates at least three more times in the short-term interest rate futures market, pushing interest rates down over the longer term. is expected to remain at a high level. (2023 REUTERS/Marcos Brindicci) [２４日 ロイター] – The … Read more
A money manager from Bank of Ayudhya revealed that the baht opened this morning at 34.68 baht / dollar, depreciating from yesterday evening’s close at 34.58 baht / dollar. This morning, the baht depreciated against the end of the market. Because last night the dollar strengthened against all currencies. After the report was released The … Read more
Mr. Watan Jitsomnuek, Director of Strategic Analysis Department, Pie Securities (PI), told Nation Online that last Friday, the National Economic and Social Development Council or NESDB report GDP 4Q22 It grew only 1.4%YoY, lower than the Bloomberg Consensus expectation of 3.6%YoY, with private consumption still expanding at 5.7%YoY, mainly due to continued growth in spending … Read more