Analysts at Asia Plus Securities expect June 2023 fun flow to slow down. from US economic numbers May cause the Fed to slow down interest rates. while domestic politics is still unclear
Mr. Chanchai Pantathanakij, Deputy Director of Research Division, Asia Plus Securities, gave an interview on the Investment Minute program on Channel 9 MCOT HD about the direction of the Thai stock market in June 2023. sees that the flow tooth is still volatile Assess the trend to still flow some but will slow down. Not as strong as last month due to political uncertainty in the country Both the establishment of a government led by the Progressive Party and the attitude of senators in voting for the prime minister This is similar to the election in 2019. where politics is unclear Causing fun flow to flow out, together with investors still worried about the Federal Reserve meeting (Fed) in June 2023 whether there will be an interest rate hike or not. Causing there was a period when the US dollar strengthened, the baht weakened, but now there is a better signal. When US employment numbers improve Service sector numbers slow down Reduces the factor accelerating the Fed’s rate hike.
However, assessing the direction today The market will rise from the issue of the US debt ceiling. and the Fed meeting Today’s Movement Support is at 1525, resistance is at 1545.-Thai News Agency.
Source: Thai News Agency