Last night, Wall Street continued to close up. To elaborate, it ended at a new high, for the third straight day, thanks to
a report on U.S. durable goods orders in October, which surged to its one-year high. However, such gain caused U.S. dollar to continue to appreciation, which in turn pressured Asian currencies to turn to decrease. Given that, most Asian equity markets opened lower this morning. In Thailand, FSS expects the Asian loss to pressure the SET to also decrease after Thai equity markets have considerably increased this week. Nonetheless, we expect the SETs downside to be quite limited after global crude stabilized well, while waiting for OPEC meeting on November 30, which should serve as a catalyst. Whats more, foreign net outflow decreased, while its now close to year-end. Hence, there should be buying in LTF/RMF to support the market.