India, July 1 -- The Thai stock market on Wednesday snapped the two-day winning streak in which it had jumped almost 50 points or 3.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,590-point plateau and it's expected to open in the red again on Thursday.
The global forecast for the Asian markets is weak on concerns over the outlook for interest rates due to rising inflation. The European and U.S. markets were down and the Asian bourses are likely to follow that lead.
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