- USDTHB: moving in the range 31.05 – 31.08 this morning, supportive level at 30.85 resistance level at 31.15
- SET Index: 1,441.53 (+2.11%), 12 Feb 2026
- S&P 500 Index: 6,832.76 (-1.6%), 12 Feb 2026
- Thai 10-year government bond yield (interpolated): 1.869 (-1.70 bps), 12 Feb 2026
- US 10-year treasury yield: 4.09 (-9.0 bps), 12 Feb 2026
- US jobless claims settle back after severe winter weather
- Taiwan, US sign trade pact to cut tariffs, boost investments
- NY Fed finds US firms paid nearly 90% of 2025 tariff costs
- UK economy grows just 0.1% in Q4
- Dollar moves both ways before ending flat
US jobless claims settle back after severe winter weather
US jobless claims edged lower last week after spiking amid severe winter weather. Initial applications fell by 5,000 to 227,000 in the week ended Feb. 7, slightly above the 223,000 forecast, while continuing claims rose to 1.86 million. Claims often swing around holidays and bad weather, and the latest decline suggests businesses and schools largely resumed operations after the nationwide storm.
Taiwan, US sign trade pact to cut tariffs, boost investments
The US and Taiwan finalized a trade deal lowering tariffs on Taiwanese goods to 15% from 20%, with some tech and pharma items exempt. Taiwan pledged to buy over $44bn in US energy and further open its market, while the agreement aims to ease trade barriers and bolster high-tech supply chains.
NY Fed finds US firms paid nearly 90% of 2025 tariff costs
A new study from economists at the Federal Reserve Bank of New York found that nearly 90% of the economic cost of 2025 tariffs was borne by US businesses and consumers. In the first eight months of the year, about 94% of tariff costs were passed on domestically, easing to 86% by November. The report also noted that higher tariff costs sped up supply chain shifts away from China toward countries such as Mexico and Vietnam.
UK economy grows just 0.1% in Q4
UK GDP rose just 0.1% in December, slowing from November’s revised 0.2% gain, when output had been boosted by carmaker JLR’s recovery from a cyberattack. In the fourth quarter, the economy expanded 0.1%, matching Q3 and falling short of the 0.2% growth expected by economists. Manufacturing led the modest increase, while services were flat and construction shrank 2.1%. For 2025 overall, the UK economy grew by an average 1.3%.
Dollar moves both ways before ending flat
The 10-year government bond yield (interpolated) on the previous trading day was 1.869, -1.70 bps. The benchmark government bond yield (LB365A) was 1.87, +1.00 bps. Meantime, the latest closed US 10-year bond yields was 4.09, -9.0 bps. USDTHB on the previous trading day closed around 31.05, moving in a range of 31.05 – 31.08 this morning. USDTHB could be closed between 30.85 – 31.15 today. The dollar experienced choppy, two-way trade, with the index ultimately ending little changed as early weakness faded amid a broader risk-off backdrop. The marginally firmer-than-expected initial jobless claims data elicited little response, as attention turns to Friday’s US CPI release. The euro was broadly steady, with indecisive price action across FX markets and limited impact from the latest ECB commentary. The British pound edged modestly lower but held up relatively well despite softer-than-expected preliminary Q4 GDP figures. Meanwhile, the Japanese yen continued to strengthen, with USD/JPY slipping below the 153.00 mark as markets increasingly price in a faster pace of BoJ policy normalisation.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
