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 Energy / Thematic (Sector/Industry)

<ul><li>The tensions between Hamas and Israel in Gaza have intensified due to Iran's involvement, raising global concerns that the situation could escalate into a regional war.</li><li>Israel's insistence on retaliating against Iran has heightened these tensions, which could lead to disruptions in oil supply, potentially persisting until 2H24E.</li><li>This could pose upside risk to oil prices, albeit limited, given the fragility of global economic growth and oil demand. </li></ul>

The tensions between Hamas and Israel in Gaza have intensified due to Iran's involvement, raising global concerns that the situation could escalate into a regional war.Israel's insistence on retaliating against Iran has heightened these tensions, which could lead to disruptions in oil supply, potentially persisting until 2H24E.This could pose upside risk to oil prices, albeit limited, given the fragility of global economic growth and oil demand. 

Energy (Oil) - Tensions in the Middle East May Intensify - APRIL 17, 2024