Stabilizes on inflows after export miss – Commerzbank

Stabilizes on inflows after export miss – Commerzbank

Commerzbank’s Thailand section notes May exports rose 10.6% year-on-year, below consensus and sharply slower than April’s 23.1%, with agriculture shipments weak but electronics still resilient. The government forecasts exports to grow 8% in 2026 as front-loading fades. In FX, USD/THB fell 0.2% to 33.35 on strong bond and equity inflows, though THB remains one of […]

Hormuz risk premium still fragile – OCBC

Hormuz risk premium still fragile – OCBC

OCBC’s FX strategists Sim Moh Siong and Christopher Wong highlight that Brent Oil has dropped sharply on optimism over the reopening of the Strait of Hormuz after a US–Iran deal, but warn markets may be underpricing security risks. They keep their end-2026 Brent forecast at USD80/bbl and expects a gradual drift toward a low USD60 […]

Rangebound performance with debt inflows – Societe Generale

Rangebound performance with debt inflows – Societe Generale

Societe Generale strategists notes that the Indian Rupee (INR) traded broadly flat over the week but outperformed regional peers thanks to debt portfolio inflows. They highlight that broad US Dollar (USD) strength overshadowed moves in Gold and Brent. Domestic bonds rallied as Reserve Bank of India (RBI) Governor Malhotra pushed back on tighter policy speculation, […]

Why is the British Pound rising amid UK political instability?

Why is the British Pound rising amid UK political instability?

The GBP/USD pair trades with mild gains near 1.3200 during the early European session on Friday. The British Pound (GBP) strengthens against the US Dollar (USD) as markets focus on who might become finance minister under Andy Burnham, and the latest US inflation data has softened expectations for US rate hikes.  UK Finance Minister Rachel […]