Kaohoon Morning Brief – 1 September 2021
Morning brief of major stories since the closing of Thai stock market on 1 September 2021
Morning brief of major stories since the closing of Thai stock market on 1 September 2021
1 ก.ย. 2564

Accumulated inflation in 19 countries surged to 3% which is way above the target label of 2% and is mainly accounted to energy prices. It is also likely that excessive money printing is fueling inflation as well. EU’s biggest member Germany’s 10-year yield ticked up to -0.38.
Investors are pricing in rising delta cases globally slowing down global economic growth. The dollar inched down to three weeks low and MSCI Asia Ex- Japan fell 0.40%.
Investors are closely watching the meeting as members are to decide on supply increase as COVID soars and casualties caused by Hurricane Ida.
Investors predict if payroll numbers turn out not as expected could turn risk mode on. Market sentiment is reflected on the VIX index inching up by 1.79%
 
 