# Bangkok Post - BoT head cautions against market corrections from mismatches

> Bank of Thailand governor Veerathai Santiprabhob warned that mismatches between market expectations and economic data could trigger sharp corrections. He cited the recent global equity and bond sell-off, which followed a stronger-than-expected US jobs reading and raised expectations of faster Fed rate hikes. He urged businesses to tighten interest rate and currency risk management.

- Date: 2018-02-23 · published 2018-02-23T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66764-bangkok-post-bot-head-cautions-against-market-corrections-from-mismatches
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Sharp swings in global rates and risk sentiment can quickly move the dollar and emerging-market currencies, affecting the cost of imported feed. Buyers hedging dollar exposure face more volatility.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-05-19 | [Risk of spillovers from US equity market corrections to euro area markets and financial conditions](https://feedsoft.ai/events/47297-risk-of-spillovers-from-us-equity-market-corrections-to-euro-area-markets-and.md) | +0.0% | +0.3% |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |
| DXY | 2023-05-12 | [Dollar keeps gains as traders bet Fed headed for a pause - Markets - Business Recorder](https://feedsoft.ai/events/36144-dollar-keeps-gains-as-traders-bet-fed-headed-for-a-pause-markets-business.md) | +0.9% | +0.3% |
| DXY | 2020-05-19 | [USD/JPY: Bulls in control again, correction recent pressures — Octa](https://feedsoft.ai/events/53375-usd-jpy-bulls-in-control-again-correction-recent-pressures-octa.md) | -1.1% | -2.6% |
| DXY | 2021-09-09 | [Euro inches higher ahead of ECB decision on bond buying - Markets - Business Recorder](https://feedsoft.ai/events/45271-euro-inches-higher-ahead-of-ecb-decision-on-bond-buying-markets-business.md) | -0.2% | +1.3% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1416622/bot-head-cautions-against-market-corrections-from-mismatches

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