War-driven pressures challenge BOT stance – DBS

War-driven pressures challenge BOT stance – DBS

DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks. The report notes that upside inflation risks from the Iran war have likely closed room for further Bank of Thailand (BoT) easing, with markets […]

Gold jumps above $4,500 as war fears revive haven buying spree

Gold jumps above ,500 as war fears revive haven buying spree

Gold (XAU/USD) price rallies over 3% on Friday as dip buyers emerge, amid the conflict entering its fifth week of hostilities, with no signs of de-escalation, and as inflation pressures rise. At the time of writing, XAU/USD trades at $4,510 after bouncing off daily lows of $4,375. Heightened geopolitical tensions underpin Gold, Oil and the […]

ECB: Oil shock complicates path – ING

ECB: Oil shock complicates path – ING

ING notes that ECB officials have offered little resistance to hawkish market pricing as Oil rises, reinforcing front-end EUR rate expectations. Source link