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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 ASIA OPEN: Early Geopol Risk Roils, Focus Turns To Fed
MNI ASIA MARKETS ANALYSIS: South Korea Rescinds Martial Law
Baht Strengthens After Holiday
Spot USD/THB loses some altitude upon return from a long weekend in Thailand, with lower U.S. Tsy yields offering some support to the baht, on top of the overhang market impetus. The rate last sits -0.192 at THB38.178, with Oct 6 low of THB37.125 providing the key near-term layer of support. Bulls look for a break above Oct 20 high of THB38.465.
- Foreign investors were net buyers of $38.71mn in Thai stocks last Friday, while the SET index slipped after another failure to mount a meaningful challenge to its 100-DMA.
- PM Prayuth chairs a weekly Cabinet meeting today.
- Thailand's Customs trade data are expected to hit the wires in the coming days.
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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.