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THAILAND: Exports and Imports Surprise to the Upside. 

THAILAND
EM BulletBulletAPACEmerging Market NewsThailand
  • Thai exports for October surprised with significant upside at +14.6% versus estimates of +5.1% and September’s result of +1.1%
  • Thai imports too were significantly higher for October up +15.9% versus estimates of +6.4% and a September result of +9.9%.
  • The result delivered a trade deficit of $798m, significantly over the $400m estimates.
  • The THB opened the morning’s trading at 36.64 before reaching 34.7825, before bouncing after the trade data to 34.65.
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  • Thai exports for October surprised with significant upside at +14.6% versus estimates of +5.1% and September’s result of +1.1%
  • Thai imports too were significantly higher for October up +15.9% versus estimates of +6.4% and a September result of +9.9%.
  • The result delivered a trade deficit of $798m, significantly over the $400m estimates.
  • The THB opened the morning’s trading at 36.64 before reaching 34.7825, before bouncing after the trade data to 34.65.