Thai investors await response from Financial Institutions Policy Committee after Fed rate hike

 

 

BANGKOK, 19 December 2016 (NNT) - Thai investors are now turning their attention to Thailand’s Financial Institutions Policy Committee and their response to the recent interest rate hike by the US Federal Reserve. 

Kasikorn Bank expects the SET composite index to fluctuate between 1,500 and 1,540 points this week. Factors affecting the Thai market include new policies by the Financial Institutions Policy Committee in response to the US Federal Reserve rate hike and US economic numbers such as its 3rd quarter GDP, demand in durable goods, new home sales, as well as the Bank of Japan’s monetary policy. 

Thai baht is expected to hover around 35.6 and 35.9 baht per one US dollar. Factors affecting the Thai baht include various US economic numbers such as household spending, home sales, and consumer confidence as well as inflation in the Eurozone.

 

-- nnt 2016-12-19

Why is the tail on the American dog dictating/wagging monetary policies and stock prices to half the world markets. Japan China most of the world hang on with bated breath as to what the American market will do via the Fed (who would not tell the truth if they stumbled over it). Their own economies and corporate profits seem to matter little. Yes I am prepared to listen to all the "America is the greatest country in the world" respondents 19 trillion in debt and 200 trillion unfunded debt yes I am well aware of how great America is. 

35 minutes ago, elgordo38 said:

Why is the tail on the American dog dictating/wagging monetary policies and stock prices to half the world markets. Japan China most of the world hang on with bated breath as to what the American market will do via the Fed (who would not tell the truth if they stumbled over it). Their own economies and corporate profits seem to matter little. Yes I am prepared to listen to all the "America is the greatest country in the world" respondents 19 trillion in debt and 200 trillion unfunded debt yes I am well aware of how great America is. 

USA is the tail of the world, and we wag the dog. Just their turn for the last 50 years. Same as Britain before and China in about 30 years.

4 hours ago, elgordo38 said:

Why is the tail on the American dog dictating/wagging monetary policies and stock prices to half the world markets. Japan China most of the world hang on with bated breath as to what the American market will do via the Fed (who would not tell the truth if they stumbled over it). Their own economies and corporate profits seem to matter little. Yes I am prepared to listen to all the "America is the greatest country in the world" respondents 19 trillion in debt and 200 trillion unfunded debt yes I am well aware of how great America is. 

Well, because of their own economic difficulties, China is less able to buy up American dollars, so the main countries manipulating the dollar are Japan, Germany, and Switzerland. Germany is still well positioned to buy dollars, Japan not so much. The problem is that the Fed raising rates might affect the price of Treasury bonds, which have already fallen (i.e. the interest rate has risen) after the Trump election. Higher interest rates means more capital going to America rather than "emerging markets." That makes the baht slightly weaker. I'm always glad to see the baht over 35.

The dollar is the worlds currency, like it or not.

4 hours ago, Acharn said:

That makes the baht slightly weaker. I'm always glad to see the baht over 35.

Me to. In the past markets have gone in tandem with how business was in their home country. Up when good down when bad. Now foreign markets have become American clones rising and falling on the whims of the Dow no longer controlled by their own internals. Eventually the Daisy chain will break. 

14 hours ago, elgordo38 said:

Why is the tail on the American dog dictating/wagging monetary policies and stock prices to half the world markets. Japan China most of the world hang on with bated breath as to what the American market will do via the Fed (who would not tell the truth if they stumbled over it). Their own economies and corporate profits seem to matter little. Yes I am prepared to listen to all the "America is the greatest country in the world" respondents 19 trillion in debt and 200 trillion unfunded debt yes I am well aware of how great America is. 

Totally clueless.  What complete nonsense.   But predictable when you consider the usual suspects.  The US FED decides it's time to raise their own interest rate a quarter of a point, and suddenly we have the usual America-haters whining & weeping about how the US is "dictating monetary policy and stock prices to the world".    So now according to you the FED needs to get UN or World Court or divine permission to raise its own rate or what?

 

Americaphobes on parade.  

 

 

 

5 hours ago, hawker9000 said:

Totally clueless.  What complete nonsense.   But predictable when you consider the usual suspects.  The US FED decides it's time to raise their own interest rate a quarter of a point, and suddenly we have the usual America-haters whining & weeping about how the US is "dictating monetary policy and stock prices to the world".    So now according to you the FED needs to get UN or World Court or divine permission to raise its own rate or what?

 

Americaphobes on parade.  

 

 

 

I just love superior thinking beings who start off with Totally clueless what complete nonsense. They do not only give their opinion (in a rude manner) but try and force feed you with it. To bad you were not available to run for US president SS (Superior Senior). I do not hate Americans so quit judging. I do not hate people my grandmother taught me never to say hate only that you do not like their ways. Quit making suppositions. I am not a Americaphobe as you state only a hawker9000aphobe. Schools out.