Daily Market Insight

• U.S. retail sales climb by 3.0% in January • Slowdown in UK inflation eases pressure on Bank of England • Australia employment falls for second month, jobless at 8-mth high • Oil little changed as market discounts big U.S. crude storage build

• U.S. consumer sentiment improves; inflation expectations rise • UK economy shows zero Q4 growth, narrowly avoids recession • Japan's wholesale inflation stays elevated, keeps BOJ under pressure • Dollar rises as investors look to next week's inflation report; yen gains

• U.S. consumer sentiment improves; inflation expectations rise • UK economy shows zero Q4 growth, narrowly avoids recession • Japan's wholesale inflation stays elevated, keeps BOJ under pressure • Dollar rises as investors look to next week's inflation report; yen gains

• U.S. weekly jobless claims increase, labor market still tight • German EU-harmonised January consumer prices rise 9.2% y/y • China CPI inflation misses expectations in January, PPI worsens • Oil prices muted amid economic uncertainty, but set for strong week

• USDTHB: moving in the range 33.50-33.59 this morning, supportive level at 33.40 resistance level at 33.65 • SET Index: 1,670.3 (-0.61%), 8 Feb 2023 • S&P 500 Index: 4,117.9 (-1.11%), 8 Feb 2023 • Thai 10-year government bond yield (interpolated): 2.50 (-1.58 bps), 8 Feb 2023 • US 10-year treasury yield: 3.63 (-4.00 bps), 8 Feb 2023

• U.S. trade gap widens in December; deficit highest on record in 2022 • UK construction slips to near 3-year low, but confidence rises • Japan current account surplus shrinks sharply as weak yen, trade deficits bite • Dollar pulls back as Powell sticks to usual Fed playbook

• U.S. service sector rebounds in January • Euro zone investor morale rises for fourth month in a row • Japan Dec real wages post first rise in 9 months on 26-year-high nominal growth • Oil prices rise on China hopes, but Fed caution limits gains

• U.S. nonfarm payroll growth blows past forecasts in January, up 517k • Euro zone business activity returned to growth in January • Japan Jan services activity growth at three-month high • Dollar jumps after "monster" job report

• U.S. weekly jobless claims drop to nine-month low; productivity gains speed • ECB raises rates, signals at least one more hike • Bank of England hints rates near peak after 10th hike • Dollar at nine-month low after Fed guidance brings pivot into sight

• Fed delivers small rate increase; Powell suggests 'couple' more hikes coming • ECB to raise rates again and face questions about future path • BoE set to lift rates to 14-year high, might hint at next moves • Oil prices buoyed by dollar weakness as central banks take focus