# Thai bourse unfazed by radical Trump policies

> The SET Index rose about 2 percent to 1,572 points on Jan 18 and has climbed since the start of the year on strong corporate earnings. Foreign investors sold more than Bt50 billion of Thai equities before the US election, and the baht has depreciated about 3 percent since the end of 2016 amid capital outflows. Analysts see Trump's policies as a possible source of further shocks, including faster Fed rate increases.

- Date: 2017-01-19 · published 2017-01-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/73259-thai-bourse-unfazed-by-radical-trump-policies
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Capital outflows and a weaker baht from a stronger dollar raise the local cost of imported feed ingredients, and possible Fed hikes would add pressure on emerging-market currencies.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30304493

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