Post by Fletchsmile on Jan 4, 2017 13:03:08 GMT 7
KGI's views on major economies, interest rates and FX:
- THB to continue to weaken vs USD and continue to move between 35.0-38.0
- Thai MPC expected to keep interest rates unchanged at 1.5% thru 2017 = not good news for THB savers/ deposits
- USD Fed Hikes as many as 3 times at 0.25% each to 1.25%-1.5% in 2017
research.kgieworld.co.th/recom.nsf/0/BBE447AA6F0D42A64725809900027097/$file/Monthly+Economic+Tracker_2016_12_30_e_th.pdf
- THB to continue to weaken vs USD and continue to move between 35.0-38.0
- Thai MPC expected to keep interest rates unchanged at 1.5% thru 2017 = not good news for THB savers/ deposits
- USD Fed Hikes as many as 3 times at 0.25% each to 1.25%-1.5% in 2017
research.kgieworld.co.th/recom.nsf/0/BBE447AA6F0D42A64725809900027097/$file/Monthly+Economic+Tracker_2016_12_30_e_th.pdf
