- USDTHB: moving in the range 32.36-32.37 this morning, supportive level at 32.25 resistance level at 32.50
- SET Index: 1,302.9 (-0.80%), 7 Nov 2025
- S&P 500 Index: 6,728.8 (+0.13%), 7 Nov 2025
- Thai 10-year government bond yield (interpolated): 1.772 (-0.31 bps), 7 Nov 2025
- US 10-year treasury yield: 4.11 (+0.0 bps), 7 Nov 2025
- US Consumer Sentiment declines to near lowest on record
- US household debt hits a new record, NY Fed finds
- UK house price growth hits new high for 2025
- China consumer prices exceeded market expectation in October
- Dollar edged up slightly, keeping eyes on shifting policies and weakening consumer confidence
US Consumer Sentiment declines to near lowest on record
The University of Michigan said its Consumer Sentiment Index dropped to 50.3 this month, the lowest level since June 2022, from a final reading of 53.6 in October, primarily due to the government shutdown and high prices. Regarding 1-year inflation expectation for November was 4.7%, slightly higher than the expected 4.6% and the previous reading of 4.6%, while the 5-year inflation expectation came in at 3.6%, the lowest in three months, compared to an expected 3.8% and a previous value of 3.9%. Although consumers spontaneously mentioned high prices for the fifth consecutive month, long-term inflation expectations eased somewhat.
US household debt hits a new record, NY Fed finds
The New York Fed's Center for Microeconomic Data released its quarterly report on household debt and credit, which showed that household debt rose by $197 billion in the third quarter to a record of $18.59 trillion. Particularly, mortgage balances grew by $137 billion in the quarter to a total of $13.07 trillion at the end of September, while credit card balances rose $24 billion to a total of $1.23 trillion at the end of the quarter. Auto loan balances were steady at $1.66 trillion, while student loan balances increased $15 billion to a total of $1.65 trillion.
UK house price growth hits new high for 2025
The latest Halifax House Price Index shows average UK house prices rose by 0.6% on a monthly basis in October, the highest monthly rise so far in 2025. Annual house price growth also increased by 1.9%, from 1.3% in September, putting average UK property prices at £299,862, edging closer to the £300,000 mark. The Index showed Northern Ireland continues to post the strongest rate of annual property price inflation, with average values up 8.0% annually. The typical home now costs £219,646 in the country. However, London and the South East saw prices fall slightly in October on an annual basis, by 0.3% and 0.1% respectively. The capital remains the most expensive part of the UK, with an average property now costing £542,273.
China consumer prices exceeded market expectation in October
CPI in October came in at 0.2%YoY after falling for two straight months, compared with analysts’ expectations of zero growth, and on a month-on-month basis CPI also rose by 0.2%. While food prices dropped 2.9%YoY but rose 0.2%MoM. The core CPI rose 1.2%YoY in October after a 1% increase in September, marking the sixth consecutive month of expansion and the highest rise since February last year. The increase suggests a gradual pickup in domestic demand and business activity as Beijing steps up policy support to shore up growth through to the end of the year.
Dollar edged up slightly, keeping eyes on shifting policies and weakening consumer confidence
The 10-year government bond yield (interpolated) on the previous trading day was 1.772, -0.31 bps. The benchmark government bond yield (LB353A) was 1.743, -0.42 bps. Meantime, the latest closed US 10-year bond yields was 4.11, +0.00 bps. USDTHB on the previous trading day closed around 32.36 Moving in a range of 32.36-32.37 this morning. USDTHB could be closed between 32.25-32.50 today. The US dollar edged up slightly on Friday, rebounding after dropping from multi-month highs in the previous session, as traders digested disappointing labor market data. Meanwhile, USD/CNY traded higher after data showed China’s trade surplus unexpectedly shrank in October. China’s exports contracted for the first time since March 2024.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
