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THAILAND: Exports Weaker as Trade Surplus Shrinks.

THAILAND
  • Thai exports came in a +1.1% for September.
  • Against a survey of +5.7% and the prior month of +8.9%, this is a significant decline.
  • With imports surprising to the upside at +9.9%, the trade surplus slumped to just 4394m.
  • Thai government bond yields were higher in the morning session with the 5-year +2.5bps and the 10-year +1bp
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  • Thai exports came in a +1.1% for September.
  • Against a survey of +5.7% and the prior month of +8.9%, this is a significant decline.
  • With imports surprising to the upside at +9.9%, the trade surplus slumped to just 4394m.
  • Thai government bond yields were higher in the morning session with the 5-year +2.5bps and the 10-year +1bp