- USDTHB: moving in the range 32.95 – 32.985 this morning, supportive level at 32.80 resistance level at 33.10
- SET Index: 1,447.05 (+0.29%), 27 Mar 2026
- S&P 500 Index: 6,368.85 (-1.67%), 27 Mar 2026
- Thai 10-year government bond yield (interpolated): 2.325 (+9.64 bps), 27 Mar 2026
- US 10-year treasury yield: 4.44 (+2.00 bps), 27 Mar 2026
- Middle East war escalates as Houthis join conflict
- BOJ debated faster rate hikes in March meeting
- Spain’s inflation rate jumps to 3.3% in March amid energy shock
- UK retail sales post first drop in three months
- Thailand negotiates agreement with Iran to use Strait of Hormuz
- Dollar climbs on escalating geopolitical tensions
Middle East war escalates as Houthis join conflict
The US and Israel launched airstrikes on Iran’s nuclear and industrial sites, including key facilities in Khondab and Ardakan, while President Trump extended a deadline for Iran to open the Strait of Hormuz or face further attacks. An additional 3,500 US troops also arrived in the region. Iran retaliated by striking key aluminum producers in Bahrain and the UAE, as well as a US base in Saudi Arabia, and by intercepting cargo ships in the strait. Meanwhile, the Iran-backed Houthi group in Yemen formally entered the war, launching its first missile strike on Israel on Saturday and vowing to continue attacks until strikes on Iran and allied groups like Hezbollah cease.
BOJ debated faster rate hikes in March meeting
BOJ officials discussed speeding up rate hikes as Middle East-driven oil price surges fuel inflation, warning of risks from rising underlying costs, though rates were kept steady in March.
Spain’s inflation rate jumps to 3.3% in March amid energy shock
Spanish inflation surged to its highest level since June 2024, rising 3.3% year-on-year in March, driven by soaring energy prices linked to the Middle East war.
UK retail sales post first drop in three months
UK retail sales fell 0.4% in February, marking the first decline since November, as consumers tightened spending even before the Iran war added pressure to the economy. The drop partially reversed a revised 2% rise in January but was smaller than the 0.7% fall economists had expected.
Thailand negotiates agreement with Iran to use Strait of Hormuz
Thailand strikes deal with Iran to allow its oil tankers safe passage through the Strait of Hormuz, joining other “friendly” nations and easing the country’s energy crunch, Prime Minister Anutin Charnvirakul said. Meanwhile, Thailand’s PM said expect to have a new government this week and will submit a new Cabinet list for royal endorsement.
Dollar climbs on escalating geopolitical tensions
The 10-year government bond yield (interpolated) on the previous trading day was 2.325, +9.64 bps. The benchmark government bond yield (LB365A) was 2.38, +14.00 bps. Meantime, the latest closed US 10-year bond yields was 4.44, +2.0 bps. USDTHB on the previous trading day closed around 32.88, moving in a range of 32.95 – 32.985 this morning. USDTHB could be closed between 32.80 – 33.10 today. The dollar strengthened, with the index hitting weekly highs as geopolitical tensions escalated after a grace period offered by Donald Trump to Iran appeared to be breached by Israeli strikes, prompting retaliation warnings; despite higher energy prices, bonds were mixed amid month-end rebalancing and cautious equity sentiment, while University of Michigan data showed the largest jump in one-year inflation expectations since April 2025, leaving index back above 100 after reversing earlier losses.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
