-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessCabinet Approves Relief Measures, Local Data Eyed
Spot USD/THB remains on a tear. Building on yesterday's upswing, the rate gapped higher at the reopen this morning and last sits +0.055 at THB32.090, near its best levels since mid-2020.
- Thailand's cabinet approved in principle a programme to compensate workers and businesses in Bangkok affected by measures implemented to arrest the spread of Covid-19 infections, with details expected to be submitted next week. In addition, the gov't approved an extension to debt relief measures for the customers of seven state-owned financial institutions.
- Separately, Covid-19 task force chief suggested that restrictions at some construction sites in Bangkok might be eased to prevent engineering problems, which could stem from a sudden halt to construction operations.
- The BoT said Tuesday that it will ease FX rules for individuals and businesses, in an attempt to tackle baht volatility. Officials are planning to tweak FX rules in 4Q2021.
- The Tourism Council of Thailand said that as many as 3mn tourists could visit the country this year, under their best-case scenario. The base-case scenario assumes 1.4mn foreign arrivals. Meanwhile, the Tourism Confidence Index dropped to a new low in 2Q2021.
- PM Prayuth will chair the meeting of the Board of Investment today, with a press briefing expected at 1630ICT/1030BST.
- All eyes are on local economic data today, namely May BoP current account balance & trade balance. Later this week, focus turns to Thursday's Markit M'fing PMI & Business Sentiment.
- A break above the 76.4% retracement of the Apr 2, 2020 - Dec 18, 2020 slide at THB32.370 would please bulls, while bears keep an eye on Jun 25 low of THB31.740, followed by the 50-DMA at THB31.364.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.