Daily Market Insight

• Trump, Democrats reach tentative deal to avert shutdown • US Treasury tightens currency monitoring, finds no manipulation • Initial Jobless Claims dip slightly, but remain above forecast • Tokyo CPI inflation falls to near 4-year low in January • Thai MPI rebounds in December, recovery still uneven • Dollar weaker after mixed performance and US data

• Fed holds rates, flags elevated inflation and stabilising jobs • Bessent backs strong dollar after Trump shrugs off slide • BoJ minutes keep door open to further rate hikes • Thailand to tighten gold trading controls to curb baht strength • Dollar supported as Bessent backs strong USD, Fed holds steady

• Trump is unconcerned by dollar weakness • US consumer confidence plummets to lowest level since 2014 • EU and India finalize landmark trade deal • China’s industrial profits rise for first time since 2021 • Thai finance ministry cuts 2025 growth estimate to 2.2% • Dollar hits lowest since 2022 on Trump comments

• US durable goods orders increase by most in six months • Tariff uncertainty remains elevated • German business outlook slips unexpectedly amid tepid growth • BOJ data show no clear sign of yen intervention on Friday • Dollar slides against major peers

• US PMI edges higher, hiring stays weak • Rick Rieder gains ground in race for Fed chair position • Euro zone PMI misses forecasts as services weaken • BOJ keeps rates steady as expected, ups growth and inflation forecasts • Thai exports in 2025 set new record at $339.6 billion, marking 12.9% growth • The US dollar posts its first weekly decline of 2026

• Core PCE index holds steady, meeting expectations • US GDP outperforms forecasts with a 4.4% rise, marking economic resilience • Initial jobless claims rise slightly, but remain below forecast • Japan inflation cools on subsidy effects ahead of BoJ decision • Malaysia’s central bank keeps interest rate unchanged at 2.75% • Dollar slides as geopolitical developments dominate markets

• Trump–NATO talks ease trade tensions • Court doubts Trump can fire Fed’s Cook • UK CPI climbs to 3.4%, increase seen as transitory • BI keeps rates steady as rupiah slides • BoT to issue online gold trade rules by Jan. 29 • Dollar gains after Trump signals Greenland deal progress

• German investor optimism hits four-year high • Japan 40-year bond rebounds as Katayama urges calm • China's loan prime rates remain unchanged • S. Korea early trade data show chip-led export strength • BOT raises repatriation limit to USD 10 Million to ease Baht strength • Dollar slides as Greenland tensions escalate; sterling and euro advance

• IMF sees solid global growth but flags risks • EU weighs €93bn tariffs on US goods after new Trump threat • Japan PM Takaichi to call snap election Friday • China meets GDP target, but growth momentum continues to fade • China home prices fall again in December amid persistent property weakness • Dollar slips as haven FX bid on renewed trade tensions

• Trump signals hesitation on Hassett as Fed Chair pick • Trump slaps tariffs on Europe over Greenland dispute • Supreme Court sets Tuesday for next opinions • French Premier proposes budget overhaul to secure stability • Japan signals market action while BoJ considers April rate move • Dollar extends weekly gains on strong data, Trump comments