labels: SCB Financial Markets: SCB FM
SCB FM points out that a prolonged war is driving up oil prices and weakening the baht to 33 baht, and warns of stagflation.
SCB FM indicates that the Strait of Hormuz crisis is driving up oil prices, with a worst-case scenario reaching $130, weakening the baht to near 33 baht. They are also monitoring for signs of stagflation.SCB FM indicates that a prolonged trade war could weaken the baht to 33 baht per dollar.
The Thai baht is in turmoil amid the Iran-Iran conflict. SCB FM reveals the baht has weakened the most in the region, with rising oil prices pressuring Thailand's trade balance. A worst-case scenario suggests the baht could reach 33 baht per dollar.SCB FM points out that the baht is strengthening rapidly, watch for short-term depreciation from Tariffs, expect the MPC to cut interest rates
SCB FM reveals that the baht is strengthening faster than other currencies in the region. In the short term, it is expected that the baht may weaken due to the increase in US tariffs and the slowdown of the Thai economy.SCB FM predicts the baht will weaken to 35 baht/dollar if Trump wins the US election.
SCB FM predicts the baht will weaken to 35 baht/dollar if Trump wins the US election, including the US bond yields rising and the dollar strengthening, and expects the MPC to cut interest rates again in February 1.SCB FM sees short-term “baht” may weaken slightly to 33.90-34.40 baht
SCB Financial Markets: Baht strengthens rapidly due to weaker dollar, higher gold prices, and easing political concernsSCB FM sees the "baht" appreciating quickly in the direction of "gold-yen", giving a range of 35.50-36.00 baht over the next 1 month.
SCB FM sees the "baht" appreciating quickly in the direction of "gold-yen", still concerned about the risk of depreciation. Keep an eye on the Fed meeting on July 31, 2567, looking at a range of around 35.50-36.00 baht during the next 1 month.
