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Thai Stocks Drop As Much As 5.3% On Fund Outflows:

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'Thailand's benchmark stock index fell as much as 5.3 percent as foreign investors cut holdings of the nation's assets amid speculation the U.S. Federal Reserve will rein in its monetary stimulus.

The benchmark SET Index (SET) slid 4.7 percent to 1,456.96 at 3:44 p.m. in Bangkok, heading for the biggest drop since October 2011. The gauge has lost 11 percent since reaching its highest level since 1994 on May 21, exceeding the 10 percent level that some investors define as a correction. The baht weakened to an eight-month low and government bonds declined'.

lot of movement at the margins at the moment.seems like a lot of volatility in the emerging markets which have benefited from yield seeking on this side of the world.

A repeat of the '97 Asian Crisis but on steroids?

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and when bernake announces the next round, manic boom again?

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  • 243 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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