Econ

Saturday, June 06, 2020

Econ

International factors could guide SET trend next week

The Stock Exchange of Thailand (SET) Index next week (June 8 to 12) is expected to fluctuate between 1,400 and 1,470, a Kasikorn Securities stock analyst said.
SET rises sharply as foreign investors return in droves

The Stock Exchange of Thailand (SET) was the only index in the region to rise sharply as foreign investors spent more than Bt11 billion on Thai stocks, said Nuttachart Mekmasin, research analyst at Trinity Securities.
Gloomy future as further economic contraction predicted

Siam Commercial Bank’s Economic Intelligence Centre (EIC) has further revised downward its economic projection for this year, and predicted that the baht will reverse its course and weaken in the Covid-19 fallout.
OPEC+ set to extend oil cuts as meeting called for weekend

OPEC+ is set to extend production cuts to prop up the oil market after a breakthrough in high-stakes negotiations, with the alliance meeting on Saturday to sign off on the deal.
U.S. jobless rate unexpectedly fell in May as hiring rebounded

America's labor market unexpectedly rebounded in May, signaling the economy is picking up faster than thought from the depths of the damage from the coronavirus pandemic.

Kazakhstan the Heart of Eurasia

International factors could guide SET trend next week

SET rises sharply as foreign investors return in droves

Locals flock to the beaches in Chonburi province to the East of Bangkok as the government eases lockdown restrictions, though the country remains closed to foreigners for fear of a second wave of infections.

Gloomy future as further economic contraction predicted

Oil storage tanks stand illuminated at a refinery in Tuapse, Russia, on March 22, 2020. MUST CREDIT: Bloomberg photo by Andrey Rudakov.

OPEC+ set to extend oil cuts as meeting called for weekend

Waiters deliver food to a table at a restaurant after coronavirus disease restrictions were lifted in Houston on May 27., 2020. MUST CREDIT: Bloomberg photo by Callaghan O'Hare.

U.S. jobless rate unexpectedly fell in May as hiring rebounded

Stock soar after surprise drop in U.S. jobless rate

Siritida Panomwon na Ayudhya, assistant governor at the Bank of Thailand

Trial begins on country’s first peer-to-peer lending platform

SET rises over hope of recovery as countries ease lockdown measures

Limited upside seen for SET Index

Gold rises on the back of unsteady stock markets

Stocks drop most in 2 weeks; Treasurys decline

The U.S. economic slide is likely bottoming out, but a recovery could take years

Photo credit: tube SATO

BBS works on masterplan for U-Tapao airport, adjacent city as it awaits Navy’s permission

Photo credit: Onlyyouqj

Over 250 trade activities planned to boost Thai exports

Bank of Thailand (BOT) senior director Don Nakornthab

With inflation in negative domain, Thailand may enter deflation, warn economists

Border economic zone development going on at steady pace: NESDC

Private equity gets big win with U.S. nod to tap 401(k) plans

Rents
Photo by: The Washington Post — The Washington Post

The next big problem: Businesses can't or won't pay their rent. It's setting off a dangerous chain reaction.

Stocks soar as investors look past civil unrest to home in on economic high notes

Buddhipongse Punnakanta

Plans hatched for Thai version of Netflix

Ministry teams up with Grab, Alibaba to tap online potential for Thai agricultural products

Stocks rise for 3rd day on outlook for reopening

Johnson revamps agenda to meet worst British recession in 300 years

106 development projects proposed for EEC

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