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Mizuho Bank expects the Thai baht, on track to be the worst-performing emerging Asian currency this quarter, to keep weakening. Foreign funds have pulled a net $3.8 billion from Thai equities since March, the largest quarterly outflow since at least 1999.
Trade friction fears that threaten Thailand's current-account surplus support continued baht weakness, which raises import costs for feed ingredients priced in dollars.
freemalaysiatoday.comBloombergJun 28, 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.
