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EQUITY TECHS

E-MINI S&P (Z1): Clears The Key 50-Day EMA

EUROZONE ISSUANCE

EGB Supply For W/C Nov 29, 2021

USDCAD TECHS

Northbound

EUROZONE T-BILL ISSUANCE

Bill Supply For W/C Nov 29, 2021

AUDUSD TECHS

Trend Direction Remains Down

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Spot USD/THB reopened on a softer footing following Friday's losses in the greenback and last changes hands -0.110 at THB32.505.

  • Thailand's Tourism Ministry pledged to reopen the entire country to foreign visitors from January, depending on achieving nationwide herd immunity against Covid-19. Some provinces will be allowed to reopen earlier as the inoculation drive progresses. Also, from next month vaccinated individuals will be allowed to use high-risk services (e.g. dining in restaurants) even in provinces with tightest Covid-19 restrictions.
  • PM Prayuth and five of his ministers survived votes of no confidence on Saturday, but media reports pointed to intense party infighting.
  • Thailand will report monthly CPI data later today. Bloomberg median estimate suggests that the annual rate of consumer-price growth should register at +0.30%.
  • From a technical point of view, a dip through Aug 31 low of THB32.215 is needed to reinstate bearish momentum and bring the 100-DMA at THB32.026 into play. Bulls look for a rally above the 50-DMA at THB32.739, followed by Aug 26 high of THB32.835.