Impact on each asset
USD ▲US dollarTailwind
XAU ■GoldLimited
US ■US stocksLimited
SET ▼Thai stocksHeadwind
BTC ■CryptoLimited
Summary
The baht closed Friday at 33.58 per USD, weaker than 33.36 a week earlier (25 Sep) and the softest level in over 2 months, before a slight recovery late in the week. The SET was weighed down by foreign selling, the prolonged Middle East situation and higher US Treasury yields.
Why it moves markets
A weaker baht reflects a stronger dollar and higher US yields, which often run against foreign flows into Thai equities. Flooding in Bangkok and surrounding areas also triggered selling in several sectors, led by finance and transport.
Deeper view and what to watch
KBANK sees the baht at 33.20–33.90 per USD for 5–9 Oct, watching September inflation data and the bond-yield direction. For the SET it lists support at 1,550 and 1,525 and resistance at 1,590 and 1,615. On policy, Finance Minister Varawut is backing 4,216 flood-hit businesses with a 12-month debt holiday and 0% loans.
For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.