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Bangkok Post
Bangkok Post
Business

UNBELIEVABLE: Asian shares follow wall street downward - The Untold Story

RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

However, negative sentiment should be short-lived, as related indicators like US Treasury yields and the US dollar index have not moved much.

On the Thai market, foreign fund flows are likely to be light during the last week of 2022, says Finansia Syrus Securities, so little change is expected in the SET Index.

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