FRIDAY, March 29, 2024
nationthailand

Marketwatch

Marketwatch

Hunt for bargains


Despite the strong rebound in global equity markets late last week, the outlook towards the end of the year remains gloomy. A DBS Bank research said the US-China trade war remained an overhanging issue .
The US Fed is expected to hike rates by 25 basis points to 2.25 per cent at its meeting on September 26. However, more important is the dot-plot or the Federal Open Market Committee forecasts for the path of the policy rates as well as the US economic outlook given the impact of the tariffs. The Fed may consider moderating the pace of interest rate hikes going forward if the US rapidly enforces the tariffs on China imports within the next 12 months.
The market will be volatile and hence we recommend investors to take this as the opportunity to hunt for bargains. 
Thanawat Patchimkul, 
Head of  Research, 
DBS Vickers Securities (Thailand)

nationthailand