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

Macroeconomics

United states & Thailand / Macroeconomics

<ul><li>The Fed will remain hawkish despite lower inflation in July (Core PCE at +4.6% vs. 4.8% in June), which will weigh on the growth in the economy and labor market.</li><li>There have not been clear signals indicating whether the Fed will hike rates by 50 or 75 bps; CME's FedWatchTool still expects a hike by 75 bps.</li><li>Markets viewed the Fed's messages as a negative surprise (S&P 500-3.4%, DJIA -3.0%, NASDAQ -3.9%).</li></ul>

The Fed will remain hawkish despite lower inflation in July (Core PCE at +4.6% vs. 4.8% in June), which will weigh on the growth in the economy and labor market.There have not been clear signals indicating whether the Fed will hike rates by 50 or 75 bps; CME's FedWatchTool still expects a hike by 75 bps.Markets viewed the Fed's messages as a negative surprise (S&P 500-3.4%, DJIA -3.0%, NASDAQ -3.9%).

Fed Remains Hawkish; Market Expects Rate Hike by 75 Bps