Research on Thai Markets in general and the SET Index
I have to keep reminding myself this time and time again about Thailand, since I’ve lived here I’ve seen bird flu, pig flu, tsunami, yellow/red/black/blue – basically every rainbow coloured shirt protest, coup d’etats, global financial crisis, capital controls, etc etc and yet this country still recovers, and going forward I still expect for Thailand […]
Read More →Hello World I’m back! So 4 years after constant news mongering that Greece was dead, leaving the EU, on the edge of creating a brand new global finanical crisis they’ve returned to the market selling EUR3 bn five year bonds with a yield just under 4.9%.  At one point their 10 year bonds (chart below) […]
Read More →Thailand World Bank estimates 2014 Thailand GDP growth at 3% YoY, with politics pressuring consumption and investment. If political situation eases, the global economy expansion will support exports. (ASTV Manager, 08/14/14) Ministry of Finance expects 2014 Thai economic growth of 2.6% YoY. At a meeting in Myanmar, it said that it does not expect the […]
Read More →Apparently there were some rallies over the weekend, I didn’t see any, anyone else did? Basically Thailand is now on holiday until the 21st April, there’s going to be basically zero action in the markets, so everyone enjoy the holidays.
Read More →What the hell, I go to Singapore for 2 nights earlier in the week for a conference and I come back seeing this VS Was there a grudge match that I missed? By the look of the images Yingluck must have delivered a muay thai kick breaking Abhisit’s arm, oh how this drama filled political […]
Read More →Thailand Thailand’s manufacturing production index (MPI) shrank 4.4% YoY in February, the 11th straight monthly contraction. The body will cut its 2014 GDP forecast to 2-2.5% from 3-4%. (Krungtep Thurakit, 29/03/14) Politics plagues BoI applications, dropping by over 50%. It hopes to be able to get a new board after the Songkran holiday, hoping a […]
Read More →Well the market somehow bounced up in the final hour on Friday, why? Everyone seems to think its window dressing. We had a Senate Election over the weekend, only a 42% turnout, well thats rubbish, and today Yingluck is supposed to go meet with the NACC to defend herself in regards to corruption around the […]
Read More →Thailand Exports rebound, up 2.43% in Feb — Thailand’s exports in February rose 2.43% YoY to US$18.36bn, supported by growth in the shipment of industrial goods, the Commerce Ministry said on Wednesday. Exports were also up on January, when the value fell by 1.98% YoY to US$17.9bn. Imports in February totaled US$16.60bn, down 16.62%, for […]
Read More →Wonderful short interview with Jeremy Grantham of money management firm GMO where he basically covers his thoughts on the Fed policy and the so called Bernanke-Put that has helped to keep asset prices high. I do keep my eye out for when/if rates may turn, for when/if the VIX may hit high levels again, for when/if Gold may decide to […]
Read More →Political news is back! Although it has never really left, we have fun times ahead as usual this week with the Democratrs decided whether or not to join the next election, the PM may still be kicked out by the NACC and more rallies, this time both yellow and reds, they should actually get together […]
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