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

Cross Asset Strategy

United states & Thailand / Cross Asset Strategy

<ul><li>KTX expects US inflation to have bottomed out in June 2023, with a YoY increase of +3.0%.</li><li>The expected fall of Thai headline inflation and core inflation below the target range of 1-3% will alleviate the pressure on the MPC to raise interest rates in the next meeting on September 27, 2023.</li><li>Given the current circumstances, we anticipate the SET Index to undergo a further correction this week.</li></ul>

KTX expects US inflation to have bottomed out in June 2023, with a YoY increase of +3.0%.The expected fall of Thai headline inflation and core inflation below the target range of 1-3% will alleviate the pressure on the MPC to raise interest rates in the next meeting on September 27, 2023.Given the current circumstances, we anticipate the SET Index to undergo a further correction this week.

Index to Correct Further but Not at the Buy-Back Point Yet