Nomura Holdings Inc and Bank of Thailand Rate-Setting Panel
Nomura Holdings Inc has been mentioned in relation to the Bank of Thailand’s rate-setting panel, which has adjusted its focus to address the country’s weakening growth outlook.
Key Developments
- The Bank of Thailand’s rate-setting panel has shifted its focus to support the economy amid a weakening growth outlook.
- Nomura Holdings Inc predicts more aggressive rate cuts to support the economy.
Market Trends
- Indonesian banks are facing challenges, including a state-owned lender scrapping a planned bond sale due to market volatility.
- This development is part of a broader market trend.
Bank of Thailand’s Decision
- The Bank of Thailand’s decision is expected to have a positive impact on the economy.
- However, the overall market sentiment remains uncertain.