CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Baht Treads Water, Thai Cabinet To Meet Today

THB

Spot USD/THB trades -0.007 at THB32.903 amid limited local headline flow. Bears look for a retreat under Sep 10 low of THB32.618 towards Sep 6 low of THB32.333. Meanwhile, gains past Aug 24 high of PHP33.318 would give bulls a green light for targeting a key layer of resistance around THB33.500.

  • PM Prayuth brushed away rumours about his alleged conflict with his deputy and ruling PPRP party leader Prawit and denied that he wants to take over PPRP leadership. The rumours emerged after Prayuth sacked two junior ministers who were Prawit's close allies and were accused of plotting to unseat the Premier.
  • BoT Gov Sethaput addressed the issue of mounting household debt, noting that it should be tackled using digital technology, which could also make it easier for SMEs to access loans.
  • It's Tuesday, so Thailand's ministers convene for their weekly meeting. Later today, FinMin Arkhom will speak on "new road to capital market".
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.