Money managers from Bangkok Bank revealed that the baht closed this evening at 34.20 / 21 baht / dollar from the morning. The market opened at 34.25 baht / dollar, during the day the baht moved within the range of 34.10 – 34.35 baht / dollar.
During the day, the baht is still without new factors. Run after the general trading force. as well as regional currencies In the evening, the baht ran in an appreciating direction.
Money managers expect the baht to move tomorrow within a range of 34.00 – 34.30 baht/dollar.
for US economic numbers Coming out tonight are job openings and labor turnover (JOLTS) figures for February and factory orders for February.
- important factor
- The yen was at 132.82/85 yen/dollar from 132.65 yen/dollar this morning.
- The euro was at $1.0928/0932 from an early session of $1.0897.
- The SET index closed today at 1,594.05 points, down 6.32 points (-0.39%), with a trading value of 41,629 million baht.
- Group Trading Volume Summary Foreigners net selling 1,427.07 million baht (SET+MAI)
- Chairman of the National Shippers Council of Thailand (TNSC) stated that Thai exports in the year 2023 have challenging factors.
more and there is a chance to grow less than 1%, but the TNSC still maintains the export target this year as before at 1-2% and wait for the faculty
The new board of directors has to re-evaluate and make decisions.
At the same time, it is expected that Thai exports in the first quarter of 2023 will shrink by about 10% (YoY), since compared to the 1Q22, Thai exports have grown quite high. And it is expected that exports in the second quarter may not recover much. which will still shrink by about 5%, but after that Thai exports will depend on the economic recovery of trading partners such as China, the United States, and the European Union.
- University of the Thai Chamber of Commerce Revealing the spending behavior of people during the Songkran Festival in 2023, it is expected that there will be
Current money is 125,203 million baht, an increase of 17.3% from the previous year, which will increase the Thai economy this year by 0.5-0.7% from the previous estimate, both
Today, people have a slight increase in purchasing behavior compared to 2012, but are still cautious in their spending. Because the Thai economy is still growing
K Shape type, with the average domestic expenses at 7,091 baht/person, and the average international travel at 45,681 baht/person.
- The US Treasury Secretary said that the Petroleum Exporting Countries (OPEC) and its allies, or OPEC Plus, announced cuts.
production capacity beyond that expectation It’s considered a non-creative move. because it will result in the trend of economic growth throughout
The world faces uncertainty. This increases the burden on consumers during times when inflation is very high.
- The Asian Development Bank (ADB) said in a report today that The economies of emerging economies in Asia tend to
tends to expand faster this year This was boosted by China opening up the country after strict implementation of the Zero Covid policy.
installments for many years But at the same time the war in Ukraine And turbulence in the US and European banking sector continues to pose risks to growth.
economic growth
- The World Bank released its latest East Asia and Pacific (EAP) Economic Forecasts report for April. 66
by predicting that East Asia and the Pacific’s economy will expand 5.1 percent this year from the October forecast. whether to expand
to 4.6% after expanding 3.5% in 2022.
- A recent survey conducted by the European Central Bank (ECB) reveals that eurozone consumers have lowered their inflation expectations.
February, and there is also a more optimistic outlook on economic growth and unemployment.