Market Currents

• Tuesday, August 25, 2009

• 08:27 AM Export growth helped fuel a 2.3% expansion of Thailand's economy in Q2 vs. Q1, and officials say the worst of the crisis is probably over. Compared to the previous year, GDP shrank 4.9%. (ETF: THD) Comment!

• Monday, June 1, 2009

• 08:41 AM Consumer prices fell in Thailand for the fifth month in a row in May, the longest contraction in at least nine years. (ETF: THD) Comment!

• Monday, April 13, 2009

• 02:03 AM S&P says there is a 'significant chance of a ratings downgrade' to Thailand's BBB+ credit amid escalating violence and a slowing economy. (ETF: THD) Comment!

• Wednesday, February 25, 2009

• 09:37 AM Thailand cuts its benchmark interest rate for the third month in a row, to 1.5% from 2.0%. Thailand's economy could contract as much as 1% this year. (ETF: THD) Comment!

• Monday, February 23, 2009

• 09:27 AM Thailand's economy shrank a larger-than-expected 4.3% in Q4 as exports and tourism sagged. The country may shrink by at least that much in Q1, the government says. (ETF: THD) Comment!

• Tuesday, December 23, 2008

• 07:29 AM Thailand may boost its stimulus spending by as much as 80%, raising total costs to 180B baht ($5.2B) from 100B baht. Thailand's economy has been hurt by the global recession and domestic political strife. (ETF: THD) Comment!

• Friday, October 10, 2008

• 04:16 AM Japan's Nikkei 225, down 9.6%, finishes the week a chilling 24% lower. Australian markets fell 8.3% Friday, down 16% for the week. In Thailand, a 10% drop triggered a 'circuit breaker' halt in trading for only the second time ever. (ETFs: EWJ, EWA, THD) Comment!

• Tuesday, June 3, 2008

• 02:34 AM Goldman cuts Thailand, Malaysia and Indonesia to Underweight. Tradable via THD, EWM, IF, respectively. Comment!