# “The Baht weakened, while the SET index fell due to external factors.”
 - KASIKORN RESEARCH CENTER

> The SET index fell 0.79% over the week to 1,668.52 points, with trading value down 12%. The baht weakened during the week while the index was pressured by rising US bond yields after the Fed signalled a December hike and by falling global oil prices.

- Date: 2018-11-09 · published 2018-11-09T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62285-the-baht-weakened-while-the-set-index-fell-due-to-external-factors-kasikorn
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Weaker oil prices and a stronger dollar pressure emerging-market currencies, which raises the cost of dollar-priced feed imports in Thailand. This is routine market commentary with little direct feed impact.

## Read by commodity

- WTI: bearish ▼
- USDTHB: bullish ▲

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/financial/Pages/pisr9nov2018.aspx

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