Given the relative lack of news macro wise the Thai market continued to move upwards on the back of telco’s paying dividends + the 3G auction *likely* to happen in October this year. Going forward its the usual….slow econ growth out of Europe, China trying to balance out a slower growth path and the US staring at Bernanke for info; now I’m worried for September..why? Every September I’m overseas and since 2007 you’ll see that September is one of the worst performing months each year, and with European politicians having finished their summer holidays and returning to debate about the euro crisis I’m not looking forward to next month at all!