Volatility reigns supreme these days in the financial markets and with the Fed meeting in the next week we have our doubts it will subside. The Thai baht itself has continued to weaken and passed 36 to the USD yesterday, and we wouldn’t bet against a further weakening for the rest of the year. Anything positive? Well the new cabinet, under Somkid, has pushed through whole new raft of loans to the lower income class to try and kick start the economy again, may work, it may have a multiplier effect, but who knows?




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