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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.
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Free AccessThailand May Consider Waiving Quarantine Requirements For Vaccinated Visitors
USD/THB trades flat at THB30.030 at typing, with bulls looking to take out Feb 22 high of THB30.045 before targeting Feb 5 high of THB30.132. Bears keep an eye on Feb 22 low of THB29.960, followed by Feb 15 low of THB29.842.
- Thai Customs Dept released its monthly trade report yesterday. Trade balance turned negative on the back of a miss in exports growth and a slightly milder than exp. decline in imports.
- PM Prayuth signalled that his gov't might consider waving the two-week quarantine requirement for foreign visitors who are vaccinated against Covid-19 to revive the embattled tourism industry.
- The cabinet gave a nod to a revised debt management plan, allowing for additional THB74.4bn in borrowing to help fight the consequences of the Covid-19 outbreak.
- The first batches of Covid-19 vaccines from Sinovac Biotech & AstraZeneca were expected to arrive in Thailand this morning.
- Focus turns to Thailand's M'fing Production Index & BoP report, due Thursday.
- Elsewhere, Finance Ministry holds a briefing on Feb economic data at 14:00 local time.
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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.