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The baht opened at 30.12 per dollar on December 22, 2020, weakening from 30.06 the prior close as risk aversion rose on COVID lockdowns and a mutated virus strain in the UK. The S&P 500 and Stoxx 600 fell, WTI dropped 2.7%, and the VIX rose to 25.
Risk-off moves that pull crude lower reduce energy-linked costs, while the baht's short-term weakening has little lasting effect on feed trade.
nationthailand.comDec 22, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
