MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% Y/Y

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

Onshore Markets Return, September Customs Trade Data Out

THAILAND

A reminder that Thailand markets return today after yesterday's holiday. On the data front we have September customs trade figures out. The market expects export growth at -1.75%y/y (prior 2.57%), while imports are forecast at -5.55% y/y (-12.76% prior). The trade balance is forecast at $400mn, versus $360mn in August.

  • Also note that PM Srettha chairs a cabinet meeting at 9am local time. Later on, the PM delivers a speech on the 2024 outlook for Thailand at 5pm local time.
  • Onshore equities ended last week on a soft note. The SET closing under 1400, losing 3.54% for the week.
  • USD/THB finished at 36.51 last Friday, but the BBDXY is off over 0.4% since then, so the early bias may be to the downside in the pair.
  • Last week saw offshore outflows from both local equities (-$111.6mn) and local bonds (-$268.7mn).
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.