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CHINA AUG FOOD PRICES +2.8% Y/Y VS +0.0% Y/Y JUL

CHINA AUG CPI +0.6% Y/Y VS MEDIAN +0.7%; JUL +0.5% Y/Y: NBS

CHINA PBOC CONDUCTS CNY91.5 BLN VIA 7-DAY REVERSE REPOS MON

MNI JAPAN Q2 GDP REV +0.7% Q/Q; PRELIM +0.8%; MEDIAN +0.8%

EZ/UK Bond Supply Calendar: EU Syndication; BoE APF Due Monday

CANADA AUG IVEY PURCHASING MANAGERS INDEX 48.2 SA

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

UK: Week Ahead

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MNI BoT Preview - June 2022: The Odd Dove Out

EXECUTIVE SUMMARY

  • Sell-side consensus looks for a stand-pat decision from the Bank of Thailand this Wednesday. We also see is as the most likely outcome.
  • Economic recovery remains in nascent state, as the critical tourism industry faces headwinds, while recent comments from Thailand's top economic officials testified to their pro-growth bias.
  • Building inflationary pressures are becoming harder to overlook and may eventually force the BoT to act but not quite yet. The Bank had earlier signalled that it expected price growth to pick up but did not see signs of second-round effects or evidence of broad-based price pressures.

Click to view the full preview: MNI BoT Preview June 2022.pdf

Asia Bank - PreviewBank of Thailand - PreviewHomepageEM Central Bank ReportsEM Central Bank PreviewEmerging Market News

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