India, July 15 -- The Thai stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had improved more than 50 points or 3.3 percent. The Stock Exchange of Thailand now sits just above the 1,630-point plateau and it may pick up steam on Thursday.

The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.

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