Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>The Fed’s first interest rate cut, a significant reduction of 50 bps, coincided with the ECB lowering rates and the BoE holding rates steady as expected.</li><li>The dot plot indicates that the Fed may continue to cut the fed funds rate by an additional 250 bps, bringing it down to 3.0% by 2026.</li><li>In contrast, Japan maintained its interest rate in its recent meeting, but the ongoing upward trend in Japanese rates — where the consensus expects quarterly increases to reach 1% by 2026 — could narrow the interest rate differential to around 3.5%. </li></ul>

The Fed’s first interest rate cut, a significant reduction of 50 bps, coincided with the ECB lowering rates and the BoE holding rates steady as expected.The dot plot indicates that the Fed may continue to cut the fed funds rate by an additional 250 bps, bringing it down to 3.0% by 2026.In contrast, Japan maintained its interest rate in its recent meeting, but the ongoing upward trend in Japanese rates — where the consensus expects quarterly increases to reach 1% by 2026 — could narrow the interest rate differential to around 3.5%. 

Global Power Synergy Company Ltd (GPSC TB)

Economic Update: Central Banks: Fed, BoE, BoJ and ECB - SEPTEMBER 24, 2024