More understanding of ECB’s moves

Thai shares look set to rise today tracking gains on global equities after ECB’s latest easing measures now are viewed far more positively than when they were first announced. The focus this week is the Federal Reserve’s rate decision on Wednesday and the consensus is that the central bank will stand pat. Global risk assets will also be supported by resumed rising oil prices, despite a series of weak Chinese data. Local factors today do not directly support or weigh down short-term market sentiment but they are positive to the economy in the longer term, e.g. the government targeting Iran as the next key export market and more loan facilities to support SMEs.


Source: aws.co.th / settrade.com