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 Financials / Thematic (Sector/Industry)

<ul><li>The Fed’s rate cuts would encourage investors to seek higher yields in riskier markets such as Asia and Thailand (narrowing US–Thailand yield gap), which should support baht appreciation (USD weakening).</li><li>KTX expects the Fed to cut its policy rate by 0.25% to 3.75% at its meeting on December 11, as it seeks to balance inflation concerns against signs of weakening in the labor market.</li><li>The rapid rise in unemployment poses a more serious risk to overall economic stability than allowing temporary cost-push inflation to persist.</li></ul>

The Fed’s rate cuts would encourage investors to seek higher yields in riskier markets such as Asia and Thailand (narrowing US–Thailand yield gap), which should support baht appreciation (USD weakening).KTX expects the Fed to cut its policy rate by 0.25% to 3.75% at its meeting on December 11, as it seeks to balance inflation concerns against signs of weakening in the labor market.The rapid rise in unemployment poses a more serious risk to overall economic stability than allowing temporary cost-push inflation to persist.

KTX Ahead: Fed Poised to Cut Rates Further—Even With High Inflation