Private Consumption and Tourism Sector Drive July 2023 Fiscal Economy, Export Slowdown Continues
Fiscal Economy Supported by Private Consumption and Tourism In July 2023 Private Consumption Boosts Fiscal Economy The Fiscal Policy Office (FPO) has reported that the fiscal economy in July 2023 received a boost from private consumption in the durable goods category. Additionally, the tourism sector continued to expand with an influx of foreign tourists and […]
Dow Futures Surge as Recession Concerns Ease Following Fed’s Monetary Policy Announcement
Dow Futures Surge Over 100 Points as Fears of Recession Ease The Dow Jones futures experienced a significant increase of more than 100 points, or 0.34%, reaching 34,493 points at 7:26 pm Thai time. This surge comes following Federal Reserve Chairman Jerome Powell’s affirmation that the Federal Reserve will exercise caution in its monetary policy […]
WTI Oil Futures Plunge Over 1% as Recession Worries Impact Demand
WTI Oil Futures Drop Over 1% Amid Rising Concerns of Economic Recession West Texas Crude Oil Contract (WTI) for delivery in August experienced a significant decline today, dropping by $1.10 or 1.59% to reach $68.27 per barrel on the NYMEX. The global oil industry is on edge as worries of a recession loom large, threatening […]
Thai baht market conditions: closed at 34.35, depreciating against the yuan | RYT9
A money manager from Bank of Ayudhya revealed that the baht closed tonight at 34.35 baht/dollar, depreciating from The market opened in the morning at 34.26 baht/dollar, moving in line with regional currencies which were depreciating following the yuan . due to concerns about the state China’s economy will slow down. During the day, the […]
State of the Oil Market: WTI Oil Closes $2.78 High
New York West Texas Intermediate (WTI) crude futures closed higher on Friday (May 5) as investors welcomed strong US jobs data releases. And ease worries about a recession that will affect demand for oil. The WTI crude oil contract will be introduced in June. It rose $2.78, or 4.1%, to settle at $71.34/barrel. But still […]
An inverted bond market yield curve is a sign of recession
The US bond market continues to invert the yield curve today, with short-term Treasury yields bouncing above long-term Treasuries. which is an indication of the likelihood of an economic recession The 6-month Treasury yield is close to 5%, while the 2-year Treasury yield, which is sensitive to Federal Reserve monetary policy, is close to 4% […]
New York stock market sentiment: Dow closes only 80.34 points higher | RYT9
The New York Dow Jones Stock Exchange closed slightly higher on Wednesday (April 5), while the S&P 500 and Nasdaq closed lower as investors continued to worry about the recession. After the United States released weak economic data. In particular, private sector employment numbers increased less than expected. The Dow Jones Industrial Average closed at […]
Oil market sentiment: WTI oil closed up 10 cents.
New York West Texas Intermediate (WTI) crude futures closed lower on Wednesday (April 5), weighed down by recession concerns. This overshadowed the positive factor of a larger-than-expected fall in US crude stocks. and from the Petroleum Exporting Countries (OPEC) and its allies or OPEC Plus Announcement to cut oil production The WTI crude oil contract […]
WTI Oil Price Drops Near $80 Amid Recession Fears
WTI Crude Oil Futures near $80 today. Amid concerns about a recession in China and the United States. This will be a factor affecting the demand for oil. At 7:52 pm Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on the NYMEX, minus $ 0.29, or 0.36%, to $ […]
Dow Jones futures are narrow Keep an eye on the US economic numbers | RYT9
The future of the Dow Jones index is narrow While investors keep an eye on the economic numbers of the United States. Amidst worries about a recession As of 6:42 pm Thai time, Dow Jones futures fell 12 points or 0.04% to 33,565 points. Analysts have warned that the US economy could face stagflation, a […]
