According to Mitul Kotecha, senior emerging markets strategist at TD Securities, Thailand’s partial election results have sowed uncertainty and confusion as the pro-military faction is pitted against various opposition parties. Key Quotes “The final result is scheduled to be announced on May 9, but with 95% of votes counted the Pheu Thai party has won the most seats.” “Both sides have said they will attempt to form a government, but the odds favour a reinstatement of pro-military Prime-Minister Prayuth.” “The markets’ initial sanguine reaction is likely to give way to uncertainty, with portfolio inflows already weakening ahead of elections.” “THB outperformance is unlikely to continue, with the currency likely to lag other Asian FX versus USD.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US-German two-year bond yield spread hits lowest since March 2018 FX Street 4 years According to Mitul Kotecha, senior emerging markets strategist at TD Securities, Thailand's partial election results have sowed uncertainty and confusion as the pro-military faction is pitted against various opposition parties. Key Quotes "The final result is scheduled to be announced on May 9, but with 95% of votes counted the Pheu Thai party has won the most seats." "Both sides have said they will attempt to form a government, but the odds favour a reinstatement of pro-military Prime-Minister Prayuth." "The markets' initial sanguine reaction is likely to give way to uncertainty, with portfolio inflows already weakening ahead of elections." "THB… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
