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The Bank of Thailand's monetary policy committee was expected to hold its 1.50% policy rate on August 8, unchanged since early 2015. Analysts will watch the policy statement for hints on future direction, as one committee member voted for a hike at the last two meetings.
Thai rate policy has limited direct effect on feed commodity markets, though a future hike could strengthen the baht and reduce Thai feed import costs in local currency terms.
think.ing.comAug 7, 2018Not 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.
