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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.
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Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
Thailand To Report Q2 GDP Amid Protests & Covid Troubles
The Thai economic docket is headlined by Q2 GDP data today. BBG median forecasts suggest that annual growth will register at +6.6% and will be coupled with a 1.2% quarterly dip on the back of Covid-19 outbreaks.
- Political tensions continued to simmer in Thailand as the police used violence to disperse a group of 100 protesters who marched on a military base which is also PM Prayuth's residence.
- BoT's meeting with the press to answer questions on economic matters and interest rates may also provide some interest today.
- Elsewhere, Phuket extended Covid-19 restrictions through the month-end, dealing another blow to the Phuket Sandbox.
- Spot USD/THB trades -0.015 at THB33.325 as we type, with bears setting their sights on last Friday's low of THB33.143, followed by Jul 29/20 lows of THB32.820/32.780. On the flip side, a move through Aug 10 high of THB33.490 would open up Jul 20, 2018 high of THB33.518.
To read the full story
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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.