Central Bank Watch
Rate Hike in Thailand
March 29, 2023
The Central Bank of Thailand’s policy interest rate has been lifted by another 25 basis points to 1.75%, its highest level since in August 2019. When the global pandemic had been most severe, the interest rate had been at 0.50% from May 2020 until an initial move toward nomalization in August 2022. Today’s rate hike […] More
New Overnight Developments Abroad - Daily Update
Equities and Crypto Up on this Risk-On Wednesday
March 29, 2023
Stock markets in Asia rose 2.1% in Hong Kong, 1.3% in Japan, and 1.2% in Indonesia. Among those in Europe so far, share prices are up 1.2% in France and Italy, 1.0% in Spain, 0.9% in Germany, and 0.9% in Great Britain. U.S. stock futures show an average rise of 0.8%. A 3.8% rise in […] More
