- USDTHB: moving in the range 31.14 – 31.17 this morning, supportive level at 30.90 resistance level at 31.20
- SET Index: 1,400.89 (+3.46%), 9 Feb 2026
- S&P 500 Index: 6,964.8 (+0.47%), 9 Feb 2026
- Thai 10-year government bond yield (interpolated): 1.907 (+3.98 bps), 9 Feb 2026
- US 10-year treasury yield: 4.22 (+0.0 bps), 9 Feb 2026
- Fed survey shows improved US inflation and labor expectations
- Euro zone investor morale rises sharply in February
- Japan’s real wages fall as inflation lingers
- China tells banks to limit US treasury exposure
- Dollar index retreats ahead of key US data
Fed survey shows improved US inflation and labor expectations
The NY Fed’s survey of consumer expectations showed modest gains in earnings and labor market outlooks. One-year inflation expectations fell to 3.1%, while longer-term expectations held at 3.0%. Expected earnings growth edged up to 2.7%, driven by lower-income households. Job loss expectations declined and job-finding expectations improved, though both remained near recent averages.
Euro zone investor morale rises sharply in February
Euro zone investor sentiment improved sharply in February, with the Sentix index rising to 4.2 from -1.8, its third straight gain and highest level since July 2025, beating expectations. Sentix said the region’s recession appears to have ended, as both expectations and current conditions strengthened. Germany also contributed to the improvement, with its index climbing to -6.9, the strongest reading since July 2025.
Japan’s real wages fall as inflation lingers
Japanese workers’ real wages fell in every month of 2025, highlighting persistent inflation pressures. In December, real wages declined 0.1% year on year despite nominal wages rising 2.4%. Economists expect real wages to recover as inflation, particularly food prices, eases, with the Bank of Japan forecasting its key inflation gauge to average below 2% in the fiscal year starting in April.
China tells banks to limit US treasury exposure
Chinese regulators have advised financial institutions to curb US Treasury holdings, citing concentration risk and market volatility. Banks were urged to limit new purchases and reduce elevated exposures, though the guidance does not apply to China’s state-held Treasuries. Officials framed the move as a risk-diversification measure, not a signal of geopolitical intent or concern over US creditworthiness.
Dollar index retreats ahead of key US data
The 10-year government bond yield (interpolated) on the previous trading day was 1.907, +3.98 bps. The benchmark government bond yield (LB365A) was 1.92, +6.00 bps. Meantime, the latest closed US 10-year bond yields was 4.22, +0.0 bps. USDTHB on the previous trading day closed around 31.26, moving in a range of 31.14 – 31.17 this morning. USDTHB could be closed between 30.90 – 31.20 today. The dollar was heavily sold on Monday, benefiting major peers, as post-election yen strength, reports that China is urging banks to curb UST exposure, and a broader risk-on tone weighed on the greenback, reviving the “Sell America” theme. Markets were quiet otherwise, with no major data or Fed speak ahead of the US jobs report and CPI later this week. The euro climbed steadily to reclaim 1.1900, with ECB speakers continuing to signal limited appetite for near-term policy adjustments. The British pound advanced to test 1.3700, supported by signs of political stability after senior cabinet ministers backed PM Starmer amid recent resignation calls. The Japanese yen outperformed, strengthening on higher yields, finance minister jawboning, and rising expectations of a BoJ rate hike in April.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
