US interest rates may stay higher for longer and signs that China’s growth recovery is stalling.
Government to give 10,000 baht each to 50 million adult Thais PM Srettha pushing digital cash handout to stimulate economy
- **decline in US crude inventories signaled strong demand in the world’s top oil consumer** - **Ukrainian drone strikes on Russian refineries** - **geopolitical risks in the Middle East** - **extended supply cuts from OPEC+**
The Bank of Thailand has decided to keep its key interest rate steady despite political pressure, as a divided vote raises expectations of a more dovish stance. This decision comes amidst uncertainties in the global economy and concerns about the impact of the Omicron variant.
- short - usd/chf -retrace to fibo level between 38.2 - 61.8
Next is 1207 if end of wave 2 or just begin of b ( Flat )