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Bank of Thailand Governor Veerathai Santiprabhob said Thailand should not face concrete penalties if it is added to a US Treasury currency manipulation watch list, which is expected this month. He also warned the central bank may cut its 2019 GDP and export growth forecasts because of the US-China trade war.
A possible cut to Thai export forecasts reflects weaker trade demand tied to the US-China dispute, which is mildly negative for regional demand for commodities. The currency watch-list issue has little direct effect on feed prices.
nationthailand.comMay 16, 2019Not 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.
