DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI JAPAN FEB CORE MACHINE ORDERS +7.7% M/M; JAN -1.7%

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Customs Trade Data Eyed

THB

Spot USD/THB has remained heavy, printing worst levels in six weeks this morning, amid broader risk-on flows. The rate last operates -0.065 at THB33.085.

  • Bears now look for a dip through Sep 15 low of THB32.850, which would clear the way to the 100-DMA at THB32.696. Meanwhile, gains past Oct 18 high of THB33.488 would shift focus to Oct 6 high/round figure of THB33.990/34.000.
  • Thailand's Customs Dept will publish monthly trade data later today. Consensus forecast looks for a slight narrowing in the trade deficit, to $900mn from $1.216bn.
  • PM Prayuth will dial in to a virtual ASEAN summit today, U.S. Pres Biden will also take part.
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.