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>Structural weakness in the US labor market is likely to compel the Fed to reopen the door to interest-rate cuts.</li><li>These developments should support a recovery in gold prices toward KTX's target of USD4,880/oz and drive renewed appreciation in the Thai baht and other Asian currencies.</li><li>Such inflows should become a key driver of a SET Index recovery.</li></ul>

Structural weakness in the US labor market is likely to compel the Fed to reopen the door to interest-rate cuts.These developments should support a recovery in gold prices toward KTX's target of USD4,880/oz and drive renewed appreciation in the Thai baht and other Asian currencies.Such inflows should become a key driver of a SET Index recovery.

KTX AHEAD: Structural Weakness in the US Labor Market; Nonfarm Payrolls Unlikely to Recover