
Bualuang Securities expects Thai stocks to remain volatile in 2019 because of the Sino-US trade dispute and Federal Reserve rate increases. It recommends cutting equity exposure to 50% and adding low-risk assets, and it expects two Fed hikes in 2019 and one Bank of Thailand hike.
A prolonged US-China trade dispute could slow Chinese growth and demand for imports, including feed and protein. Expected Fed tightening supports the dollar, which can weigh on dollar-priced commodities.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.