Investors are still concerned over chinas economic recovery even though there have been signs of stability creeping in. A sliver of good news from developers as we mentioned. Country garden and rishi sunak with them winning and sunak winning bondholder approval. Lets check in with the Stock Exchange of thailand in bangkok. Very little change. The dollar continuing the lurch higher there against the tide thai currency. The tourist numbers from thailand coming through and they are dependent on visitors revenue. The Bangkok Administration say 90 million tourists have visited the country so far and received 795 billion baht of revenue. You can divide that by 35. You lets get more on markets. The chief strategist at union bank there is here. How would you characterize the price action we are seeing in the Market Sentiment as we await the Central Bank Decisions . We would characterize it as a market is trying to transition the mindset from the disinflationary story focusing on Central Banks
Chinese Suppliers Invade Southeast Asia s Tech Boom
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China Industrial Profits Rise as Overseas Demand Improves
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A global cyclical boom in technology products like chips as well as a push by the government to get firms to replace their old equipment supported the April upturn.