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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
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MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Thailand's Coronavirus Situation Under Scrutiny, M'fing Data Eyed
USD/THB sits at THB29.97, a touch below neutral levels in the wake of yesterday's greenback sales. A fall through the nearby trendline support at THB29.94 would open up Jan 21 low of THB29.92. Bulls look to take out the psychological THB30.00 figure which capped gains yesterday, before targeting the 50-DMA/Jan 18 high at THB30.11/13.
- Thai gov't came under attack from opposition lawmakers for its handling of the coronavirus situation. Progressive Movement leader criticised the gov't for a sluggish vaccine rollout, while Health Min Anutin downplayed forecasts given by his adversary & insisted that the gov't's policies are guided by medical experts. Elsewhere, chief opposition whip Sutin said that the opposition will ask the Constitutional Court to remove at least five ministers
- Meanwhile, the country declared a record number of new Covid-19 infections on Tuesday, with Samut Sakhon Dep Gov noting that the increase in detected cases is not surprising given the mass testing drive launched by the authorities.
- Thailand's health panel may meet today to discuss lifting restrictions on some businesses, restaurants and schools.
- Thai M'fing Production Index comes out later today, with BoP data & weekly update on foreign reserves due Friday.
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.