TTF or TF (Thai Funds)
Now may be a good time to pick up some interest in Thailand, Southeast Asia's 2nd largest economy. The market has been held down due to political uncertainty and recent explosions in the tourist district. Now a Coup doesn't exactly sound like it brings stability to the area however this could be the culmination of recent turmoil and stability will follow. Rumor is that the new PM could be the central banker, which should be positive for the economy. Before this mess happened, the Central Bank was thinking of cutting rates and GDP was around the 5.5%. I'm looking at TTF or TF, whenever these things happen to open.
EDIT: Interesting chart.
Now may be a good time to pick up some interest in Thailand, Southeast Asia's 2nd largest economy. The market has been held down due to political uncertainty and recent explosions in the tourist district. Now a Coup doesn't exactly sound like it brings stability to the area however this could be the culmination of recent turmoil and stability will follow. Rumor is that the new PM could be the central banker, which should be positive for the economy. Before this mess happened, the Central Bank was thinking of cutting rates and GDP was around the 5.5%. I'm looking at TTF or TF, whenever these things happen to open.
EDIT: Interesting chart.
posted by market operator at 9:57 AM
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