# Bangkok Post - Weakening Thai economy suggests trouble for Asia’s top assets

> Thai markets drew nearly US$4 billion of foreign inflows in June as the central bank held rates, supporting bonds and the baht. The Bank of Thailand lowered its 2019 growth forecast to 3.3% and warned of weak exports amid the US-China trade war. Analysts see the rally as fragile given weak fundamentals and political risk.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58868-bangkok-post-weakening-thai-economy-suggests-trouble-for-asia-s-top-assets
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weak Thai growth and export contraction reduce regional demand for goods and raise pressure for rate cuts, a backdrop with limited direct impact on feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1703680/weakening-thai-economy-suggests-trouble-for-asias-top-assets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.