- USDTHB: moving in the range 32.385-32.40 this morning supportive level at 32.35 resistance level at 32.55
- SET Index: 1,248.0 (-0.3%), 27 Aug 2025
- S&P 500 Index: 6,481.4 (+0.24%), 27 Aug 2025
- Thai 10-year government bond yield (interpolated): 1.325 (+0.29 bps), 27 Aug 2025
- US 10-year treasury yield: 4.24 (-2.0 bps), 27 Aug 2025
- Fed’s Williams says every meeting is live for rate moves
- German consumer sentiment falls for third consecutive month
- China industrial profits fall again amid weak demand, deflation pressures
- South Korea central bank holds policy rate as expected
- Dollar index ends flat ahead of key economic data
Fed’s Williams says every meeting is live for rate moves
Williams reiterated that the Fed remains in a modestly restrictive stance and stressed that every meeting is live and guided by incoming data. He said the Fed could cut rates while still maintaining a degree of restrictiveness. While the labour market remains solid, he noted a slowdown in both supply and demand, along with a cooling in hiring. On the situation involving Governor Cook, Williams declined to comment but emphasized the importance of Federal Reserve independence.
German consumer sentiment falls for third consecutive month
German consumer sentiment declined for a third straight month in September, according to GfK, with the index falling to -23.6, down from a revised -21.7 in August and below the -22.0 expected by analysts. The survey highlights growing concerns among households about job security and continued uncertainty around inflation, both of which are weighing on overall consumer confidence.
China industrial profits fall again amid weak demand, deflation pressures
China’s industrial profits declined for a third straight month in July, as firms continued to face weak demand and ongoing deflationary pressure at the factory gate, despite policy support aimed at stabilizing the recovery. Profits fell 1.5% year-on-year in July, following a 4.3% drop in June. For the January–July period, industrial profits were down 1.7%, a slight improvement from the 1.8% decline in the first half of the year.
South Korea central bank holds policy rate as expected
The Bank of Korea held its policy rate steady at 2.5%, postponing any easing until clearer signs of stability emerge in housing, lending, and currency markets. This marked a second consecutive pause in August, as policymakers remain cautious amid rising apartment prices in Greater Seoul and high household debt levels.
Dollar index ends flat ahead of key economic data
The 10-year government bond yield (interpolated) on the previous trading day was 1.325, +0.29 bps. The benchmark government bond yield (LB353A) was 1.305, +0.50 bps. Meantime, the latest closed US 10-year bond yields was 4.24, -2.0 bps. USDTHB on the previous trading day closed around 32.50, moving in a range of 32.385 – 32.40 this morning. USDTHB could be closed between 32.35 – 32.55 today. The dollar finished the session flat, with early strength against the euro and yen offset by weakness against the Canadian dollar, British pound, and Swiss franc, as a quiet data calendar kept price action contained. Market attention is now turning to upcoming US releases, including Q2 GDP and initial jobless claims on Thursday, followed by core PCE on Friday, which could influence rate expectations. The euro edged slightly lower, pressured by a further decline in German consumer sentiment, although it recovered from an intraday dip below 1.1600. The British pound rebounded after an early move lower, briefly reclaiming the 1.3500 level in a session marked by limited catalysts. Meanwhile, the Japanese yen recovered initial losses, with the dollar-yen pair retreating from a short-lived push above 148.00 to end the day near unchanged.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
