- USDTHB: moving in the range 31.53 – 31.54 this morning, supportive level at 31.40 resistance level at 31.60
- SET Index: 1,235.3 (-0.56%), 13 Jan 2026
- S&P 500 Index: 6,963.7 (-0.19%), 13 Jan 2026
- Thai 10-year government bond yield (interpolated): 1.832 (-0.53 bps), 13 Jan 2026
- US 10-year treasury yield: 4.18 (-1.0 bps), 13 Jan 2026
- US core CPI up 0.2%, below rebound forecasts
- US ADP employment 4-week average edges higher in late December
- Global central banks draft statement backing Fed’s Powell
- Bank of Thailand lowers FIDF rate through 2026
- Dollar rebounds Tuesday, recouping part of Monday’s losses
US core CPI up 0.2%, below rebound forecasts
The CPI report leaned modestly soft, with headline inflation rising 0.3% M/M in line with expectations and core CPI up 0.2%, below the 0.3% forecast; on a Y/Y basis, headline CPI held at 2.7% while core CPI came in at 2.6%, both steady or slightly below expectations, with supercore unchanged at 2.7%. While the data show no renewed upward pressure on prices, inflation remains sticky above target and is unlikely to materially shift the Fed’s stance, with policymakers likely seeking further evidence of disinflation before cutting rates and markets not pricing cuts until June or July.
US ADP employment 4-week average edges higher in late December
ADP employment growth in the United States averaged 11,750 jobs per week over the four weeks ending December 20, up from a revised 11,000 previously, indicating that private-sector job creation remains positive despite a relatively modest hiring pace.
Global central banks draft statement backing Fed’s Powell
Bloomberg News reports that global central bank officials are drafting a statement backing Federal Reserve Chair Jerome Powell after the Trump administration launched a criminal investigation into him. The statement, expected to be issued under the Bank for International Settlements’ banner, will be open for endorsement by central banks worldwide.
Bank of Thailand lowers FIDF rate through 2026
The Bank of Thailand has cut the Financial Institutions Development Fund (FIDF) contribution rate to 0.32% per year from 0.46% through end-2026, aiming to reduce banks’ costs, ease the burden on borrowers, and support Thailand’s economic recovery.
Dollar rebounds Tuesday, recouping part of Monday’s losses
The 10-year government bond yield (interpolated) on the previous trading day was 1.832, -0.53 bps. The benchmark government bond yield (LB353A) was 1.751, -4.11 bps. Meantime, the latest closed US 10-year bond yields was 4.18, -1.0 bps. USDTHB on the previous trading day closed around 31.39, moving in a range of 31.53 – 31.54 this morning. USDTHB could be closed between 31.40 – 31.60 today. The dollar Index climbed on Tuesday, recovering much of Monday’s losses after initially dipping on the cooler-than-expected US CPI report, which showed softer core inflation but headline figures in line with forecasts—data that WSJ’s Timiraos said are unlikely to shift the Fed’s wait-and-see stance. The greenback pared early losses to trade just off session highs, with little reaction to ADP jobs data, while geopolitics remained in focus amid renewed Trump rhetoric on Iran. G10 currencies were broadly weaker against the dollar, with CAD, EUR, and GBP holding up better, while the Antipodeans and the Japanese yen underperformed, the latter pressured by the ongoing “Takaichi trade” and snap election plans, pushing USD/JPY to 159.19 before modest pullback on intervention-related commentary.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
