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

Multiple Countries / Cross Asset Strategy

<ul><li>Technically, the SET Index is expected to move sideways down, with the resistance at 1,535/1,540 points (75-day EMA) and the support at 1,519/1,515 points (25-day EMA).</li><li>The key issue today is the US FOMC meeting.</li><li>We expect the Fed's hawkish stance to push up short-term bond yields and cause the USD to appreciate against the six major currency baskets (in contrast to the past three weeks).</li></ul>

Technically, the SET Index is expected to move sideways down, with the resistance at 1,535/1,540 points (75-day EMA) and the support at 1,519/1,515 points (25-day EMA).The key issue today is the US FOMC meeting.We expect the Fed's hawkish stance to push up short-term bond yields and cause the USD to appreciate against the six major currency baskets (in contrast to the past three weeks).

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