Bank of Korea Governor Lee Chang-yong Prepared to Respond to Exchange Rate Volatility
[비즈니스포스트] Bank of Korea Governor Lee Chang-yong once again emphasized that the bank is prepared to respond to exchange rate volatility. In a talk at the Spring Meeting of the International Monetary Fund (IMF) held in Washington, DC, USA on the 17th (local time), Governor Lee said, “Our exchange rate has fallen slightly compared to […]
Thai Stock Market Reacts to Global Concerns and Fed Chairman’s Comments
The Thai stock market opened the morning session down more than 20 points, responding to concerns about the situation in the Middle East where the war continues to escalate. In addition, the Chairman of the Federal Reserve (Fed) also indicated that he could hold interest rates at a high level for a longer period than […]
WTI Crude Oil Contract Closes in the Negative Amidst Fed Interest Rate Concerns
The West Texas Crude Oil (WTI) contract in New York closed in the negative on Tuesday (April 16) as investors worried that the Federal Reserve (Fed) holding interest rates high for a long time would lead to an impact on the economy and the demand for oil The WTI crude oil contract will be delivered […]
The Rising Won/Dollar Exchange Rate: Factors and Implications
▲ Past 1 On the afternoon of the 2nd, a dealing room at the main branch of Hana Bank in Jung-gu, Seoul, won/dollar, KOSDAQ status board The government and the Bank of Korea stressed that they would fulfill their role as foreign exchange authorities amid concerns about a surge in the won/dollar exchange rate due […]
Oil Prices Close Negative Amid Concerns Over Demand and Geopolitical Tensions
West Texas Crude Oil (WTI) contracts closed negative in New York on Thursday (April 11) as investors worried about the outlook for oil demand. After high inflation in the US dashed hopes for a rate cut in the near term. But concerns that Iran could attack Israeli interests continue to help keep crude oil prices […]
Dow Jones Index Plummets Over 500 Points After US Inflation Data Shows Increase
The Dow Jones Index continues to fall. Most recently, it fell more than 500 points after the US revealed higher than expected inflation numbers. This will be a factor that causes the United States Federal Reserve (Fed) to keep interest rates high for a longer period than expected. As of 10:43 pm Thai time, the […]
Israeli Central Bank Holds Interest Rates Steady Amid Rising Inflation Expectations
The Central Bank of Israel kept its policy interest rate on hold today (April 8) as it focused on rising inflation expectations. After the war in Gaza the Israeli economy shook and defense spending increased. The Bank of Israel has decided to keep the policy interest rate at 4.5% for the second time in a […]
Investors Eye US Inflation Data, Fed Rate Cut Possibility
Dow Jones index futures rose slightly today (April 8) as investors eyed the release of US inflation data this week. Assess the possibility of lowering interest rates by the Federal Reserve (Fed). As of 6:35 pm Thai time, the Dow Jones Futures Index rose 8 points or +0.02% to 39,231 points. The US is expected […]
Strong Employment Data Boosts Dow Jones Index, Fed May Slow Rate Reductions
The New York Dow Jones Stock Exchange index closed positive on Friday (April 5) after the release of strong employment data that reinforced views that the US economy remains strong, despite signs that the Federal Reserve (Fed) may slow and reduce the interest rate even but The Dow Jones Industrial Average closed at 38,904.04 points, […]
New York Gold Futures Close Negative as Investors Await US Non-Farm Payrolls Data
New York gold futures closed negative on Thursday (April 4), with gold prices slightly weaker after rising to record highs. Meanwhile, investors are keeping an eye on today’s release of US non-farm payrolls figures. Find clear signals about the US Federal Reserve (Fed) interest rate trend The COMEX (Commodity Exchange) gold contract will be introduced […]
