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The baht was one of Southeast Asia's best-performing currencies in 2017 and kept gaining in H1 2018. Some analysts expect a strong baht to hurt Thai exports, and the US could label Thailand a currency manipulator, prompting protectionism.
A strong baht and possible US currency labeling could hit Thai export volumes and trade flows, with limited direct effect on feed commodity prices.
oxfordbusinessgroup.comOBG AdminAug 6, 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.
