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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI China Daily Summary: Friday, December 13
MNI US OPEN - UK Economy Contracts for Second Straight Month
Baht Prints Multi-Month Highs
Spot USD/THB has extended losses this morning, after piercing support from Aug 31 low of THB32.215 on Thursday, and last changes hands -0.065 at THB32.110.
- A further sell-off past the THB32.000 figure would allow bears to set their sights on Jun 25 low of THB31.740. Conversely, a jump above Feb 11 high of THB32.783 would expose Jan 20 low of THB32.822.
- Thailand's daily Covid-19 cases rose to the highest level since Aug 27, as the nation declared 18,066 new infections. Dep PM Anutin said that Thailand will try to strike a balance between keeping the economy open and safeguarding public health.
- Looking ahead, focus moves to GDP (Monday) & customs trade data (Wednesday).
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.