Thai stocks expected to fluctuate next week, keeping an eye on the Fed statement
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#91aea784 ver:0.13
Thai stocks expected to fluctuate next week, keeping an eye on the Fed statement. SET index broke key resistance at 1,400 but fell below support at 1,350. Digital wallet rollout and tourism promotions to support equities. Focus on stocks with strong earnings potential. Kasikorn Asset Management predicts downward trend due to US inflation. Long-term investments in local markets still advocated. Support factors for SET index in May include domestic purchasing power and industry recovery. Asian stocks on track for third week of gains. Key economic data to watch: US CPI, retail sales, GDP; Eurozone, Japan, and China industrial production. #ThaiStocks #FedStatement #EarningsPotential #InvestmentStrategies...
#newstr #ThaiStocks #Fluctuation #FedStatement #KasikornSecurities #SupportLevels #ResistanceLevels #ForeignCapital #OperatingResults #TechnologySector #LongtermEquityFunds #EconomicData #ProducerPriceIndex #ConsumerPriceIndex #RetailSales #HomeConstructionData #IndustrialProduction #GdpNumbers #Eurozone #Japan #China
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