KBANK Downside Risk Rises as Bad Loans Skyrocketed

Kasikornbank Pcl (SET:KBANK) is the fourth largest commercial bank in Thailand as measured by total assets, loans, and deposits with about 15% market share ...

The Fed Setting Up For A U.S. Dollar Collapse If No June Rate Hike

The U.S. dollar index, or DXY, a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, has bounced 3.72% since its 15-month low on May 3, when ...

S&P 500 Closed Up Slightly Despite Countless Charades of Rate Hike Talk From the Fed

The S&P 500 closed at 2,052.32 on Friday, up 0.28% for the week as sector rotation continues. The best performing S&P 500 sectors for the week were Energy, Information Tech ...

The SET Turned Bearish as the Thai Baht Continues to Weaken Against the U.S. Dollar and Thailand 10-Year Government Bonds Sold-Off

The SET closed down 0.63% for the short trading week at 1,385.86 on Thursday, on the U.S. Federal Reserve's ...

TRUE Shares Could Pull Back if Breakout of Key Technical Resistances Fails

True Corporation Pcl, (SET:TRUE), a 51.43% stake owned by the Charoen Pokphand Group Co. Ltd. and an 18% stake owned by China Mobile International Holdings Limited ...

S&P 500 Utilities Sector Continues to Outperform as the U.S. Economy May be One Step Closer to a Recession

The S&P 500 closed at 2,046.61 on Friday, down 0.51% for the week, but up 0.13% year-to-date. The best performing ...

The SET is Going Nowhere as the Thai Baht Continues to Lose Ground Against the U.S. Dollar

The SET managed to close up 0.29% for the week at 1,394.69 on Friday, up 8.28% year-to-date. The USD/THB exchange rate was quoted at 35.444 baht per dollar on Friday, up ...

CP All Shares Could be Stuck in a Trading Range Despite an Upbeat Earnings Report as Insider Trading Scandal Continues to Rile Shareholders

CP All Pcl (SET:CPALL), a 40.56% stake owned by the Charoen Pokphand Group Co. Ltd. which is controlled by ...

Merck May Need More Than Just Bolt-On Acquisitions

Shares of Merck & Co. Inc. (NYSE:MRK) have pulled back about 5.75% from the April high, along with the S&P 500 Healthcare sector, down 2.38%, on concerns about ...

S&P 500 Bounced Off Key Technical Supports After a Big Negative Surprise from the April Nonfarm Payrolls Report

The S&P 500 closed at 2,057.14 on Friday, down 0.4% for the week, but up 0.65% year-to-date. The best performing ...

The SET Index Sold Off Ahead of the April U.S. Nonfarm Payrolls Report

The SET closed down 0.99% for the short trading week at 1,390.70 on Wednesday, up 7.97% year-to-date. The Thai stock market sold off ahead of the nonfarm payrolls report ...

Uncertainty Surrounding the 900 MHz Spectrum License Auction Could Keep Intouch Shares in No Man’s Land Until June 24

Intouch Holdings Pcl (SET:INTUCH), formerly Shin Corporation Pcl, is a Thailand-based company engaged in investments ...

The U.S. Dollar Red Line Is April Nonfarm Payrolls Of 205K

The U.S. dollar index, or DXY, a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, has been falling off the cliff since the Bank of Japan, or BOJ ...

IBB Expecting A Rebound Ahead Of ASCO

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), was under selling pressure last week, down 7.07%, after the Senate Special Committee on Aging conducted its third ...

Faltering U.S. Economy Sent U.S. Dollar Tumbling and Investors Hiding in the S&P 500 Utilities and Telecom Sectors

The S&P 500 closed at 2,065.30 on Friday, down 1.26% for the week, but up 1.05% year-to-date. The best performing ...

The SET Index Uptrend Remains Intact as Thai Baht Strengthens Against the U.S. Dollar

The SET closed down 0.44% for the week at 1,404.61 on Friday, up 9.05% year-to-date. The USD/THB exchange rate was quoted at 34.92 baht per dollar on Friday, down 3.08% ...

Siam Cement is Breaking Out Despite Looming Supply Glut

Siam Cement Pcl (SET:SCC), 31.6% owned by the Crown Property Bureau Group, which manages the Thai royal family’s properties and investments, is Thailand's largest ...

Japanese Yen Plunged Following Speculation of BOJ Going Double Negative

The USD/JPY exchange rate surged 2.11% on Friday to close at 111.77 yen per dollar, after a Bloomberg report said that the Bank of Japan (BOJ) may consider, at their board meeting ...

Pfizer Needs To Be Aggressive With M&A Strategies, Or Else

Shares of Pfizer (NYSE:PFE) have climbed about 6% higher since April 6, along with the S&P 500 Healthcare sector, up 4.9%, when the company announced the termination of ...

S&P 500 Became Very Pricey as Investors Piled Into Expensive Energy and Materials Sectors

The S&P 500 closed at 2,091.58 on Friday, up 0.52% for the week and 2.33% year-to-date. The best performing S&P 500 sectors for the week were Energy and Financials, which...