Spot USD/THB trades -0.052 at THB37.500 ahead of the release of consumer inflation data, albeit losses are limited by the dissipation of greenback selling impetus. Bearish focus remains on the 50-DMA, which kicks in at THB36.543, while bulls set their sights on Sep 28 high of THB38.450.
- Net daily equity flows reported by the Thailand Stock Exchange turned negative Tuesday, as offshore investors shed a net $35.08mn in local equities. The SET index bounced from cyclical lows, finishing the day 1.3% higher.
- The latest batch of Thailand's CPI readings will hit the wires later today. Headline inflation is expected to have eased to +6.58% Y/Y in September from +7.86% prior, but the growth in core prices may have quickened at the margin to +3.20% Y/Y from +3.15%.
- PM Prayuth will chair the postponed weekly Cabinet meeting today.