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 consensus projects US inflation in Aug. at +8.1% YoY and -0.1% YoY vs. +8.5% YoY and +0.0% MoM in Jul.</li><li>We expect US inflation in Aug. to ease alongside the economic slowdown and lower oil prices.</li><li>A bull flattening of the yield curve after the peaking of the US CPI amid the slowdown of the economy would reaffirm our view that both US and Thai 10Y bond yields have peaked out.</li></ul>

The consensus projects US inflation in Aug. at +8.1% YoY and -0.1% YoY vs. +8.5% YoY and +0.0% MoM in Jul.We expect US inflation in Aug. to ease alongside the economic slowdown and lower oil prices.A bull flattening of the yield curve after the peaking of the US CPI amid the slowdown of the economy would reaffirm our view that both US and Thai 10Y bond yields have peaked out.

US Inflation Peaking Out Signals a Bull Flattening