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Asia Times reports the Bank of Thailand's new governor takes office October 1 and faces a strong baht. Thai GDP is projected to contract 8-10% this year, while the baht has been supported by strong reserves and fiscal position.
A central bank policy shift on the baht could change import costs for Thai feed buyers, but the effect is indirect and not immediate.
asiatimes.comPeter JanssenAug 31, 2020Not 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.
