The market is stable, track US production numbers today – Prachachat

Foreign Currency Trading Department Bangkok Bank reported that the foreign exchange market movement on Tuesday 1 October 2019, the baht opened the market this morning (1/10) at the level of 30.58 / 60 baht / US dollar. Stable from Monday's close (30/9) at 30.60 / 62 baht / US dollar. MNI Indicators revealed that the Purchasing Managers' Index (PMI) in Chicago fell to 47.1 in September from 50.4 in August, lower than analysts had expected. At 50.5, the Chicago PMI index was below 50, indicating a contraction. Which was affected by the decline in production, inventory, and business confidence. Although employment rose, the PMI Chicago area is considered an important indicator for the US economy. Calculated from production, new orders, employment, and supplier shipping information. During the day, the Thai baht depreciated. From the announcement of September inflation numbers Came out lower than expected by 0.32%, lower than expected at 0.44%. That figure Indicates that the Thai economic numbers in 2019 will likely worsen. According to the Bank of Thailand Predicted earlier by moving within the frame 30.58-30.69 baht / US dollar Before closing the market at the level of 30.65 / 67 baht / US dollar

For today's euro movement (1/10), the euro opened at 1.0894 / 96 US dollars / euro. Adjusted down from the market closing level on Monday (30/9) at 1.0938 / 40 USD / Euro. With the disclosure of the German consumer price index at 0% on the previous month Lower than the market predicted to come out at 0.1%, reflecting the weakness of the German economy as the country with the economy size no. 1 in the eurozone During the day, the euro moved within the framework of 1.0879-1.0900 US Dollar / Euro And closing the market at the level of 1.0900 / 01 US Dollars / Euro

For today's yen movement (3089), open at 108.13 / 15 yen / US dollar. Adjusted against the market closing Monday (30/9) at 107.88 / 90 yen / US dollar. Signaling a compromise signal between China and the United States. Helps reduce investor worries about trade war conditions. Causing investors to increase their holdings of risk-weighted assets and reduce their holdings in the yen as safe assets The Yen value
Moving in the frame between 108.05-108.47 Yen / US Dollar And closing the market at 108.39 / 40 yen /
Us dollar

The economic indicators this week are the manufacturing sector index for the month. September from the US Supply Management Agency (ISM) (1/10), September's Eurozone inflation (1/10), September private employment numbers from the US ADP (2 / 1), retail sales in August, Eurozone (3/10), factory orders for August in US (3/10), service sector index for September from supply management institutions Of the United States (ISM), and the US trade balance in August (4/10)

As for the 1 month swap rate in the country at -1.6 / -1.5 satang / US dollar And 1-month foreign hedge rate at -0.55 / + 0.35 satang / US dollar