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BUNDS

Test session low and the 172.00 figure

US TSYS SUMMARY

Slightly Upbeat Mood Ahead Of PCE

UK T-BILL AUCTION RESULTS

GBP2.5bln of 1/3/6-month UKTBs

THAILAND
THAILAND: The THB finished the session at the lows after a relatively sanguine
start to the trading day. USD/RHB rallied to close at 30.180, with markets
eyeing reports from a Bank of Thailand MPC member who stated the central bank
will aim to stop any fall through the 30.00 level for USD/THB.
-The follows the USD/THB hitting 29.967 on Dec30, the lowest level since
mid-2013, which will likely have frustrated Thai policymakers who have stepped
up their verbal intervention against the currency. This may add more pressure to
the BoT to cut rates in 2020, with most forecasters also seeing no end to the
THB strength this year.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com