- USDTHB: moving in the range 31.14 – 31.19 this morning, supportive level at 31.00 resistance level at 31.25
- SET Index: 1,493.91 (+1.86%), 18 Feb 2026
- S&P 500 Index: 6,861.89 (-0.28%), 19 Feb 2026
- Thai 10-year government bond yield (interpolated): 1.901 (+0.91 bps), 19 Feb 2026
- US 10-year treasury yield: 4.08 (-1.0 bps), 19 Feb 2026
- Trump warns of consequences if Iran deal not reached despite positive talks
- A wave of US data showed mixed signals
- Japan’s CPI cools to slowest pace in two years on distortions
- BI holds; BSP cuts on growth risks
- Dollar gains on tensions and hawkish Fed tone
Trump warns of consequences if Iran deal not reached despite positive talks
US President Donald Trump has set a 10–15 day deadline for Iran to reach a “meaningful” nuclear agreement, warning that failure to do so would lead to serious consequences and potentially further U.S. action. While describing recent talks as constructive, he stressed that any deal must deliver concrete results and reiterated that lasting Middle East peace is incompatible with a nuclear-armed Iran. Meanwhile, the US is reinforcing its regional military posture, signaling increased pressure on Tehran as uncertainty remains over whether military action has been formally approved.
A wave of US data showed mixed signals
Initial jobless claims surprised to the downside, while continued claims exceeded forecasts; the Philly Fed index topped headline expectations but showed mixed underlying components, the trade gap widened beyond projections, and pending home sales fell unexpectedly on the month.
Japan’s CPI cools to slowest pace in two years on distortions
Japan’s January CPI slowed to a near four-year low, with headline inflation easing to 1.5% Y/Y from 2.1% as lower energy costs and moderating food prices weighed. Core CPI cooled to 2.0%, while the measure excluding fresh food and energy slipped to 2.6% but remained above the BoJ’s 2% target, reflecting softer price pressures overall.
BI holds; BSP cuts on growth risks
Bank Indonesia held rates at 4.75% to steady the rupiah and safeguard stability amid market volatility, while the Bangko Sentral ng Pilipinas cut its benchmark rate by 25bps to 4.25%, extending its easing cycle as weaker demand and corruption-related fallout weighed on growth.
Dollar gains on tensions and hawkish Fed tone
The 10-year government bond yield (interpolated) on the previous trading day was 1.901, +0.91 bps. The benchmark government bond yield (LB365A) was 1.92, +0.00 bps. Meantime, the latest closed US 10-year bond yields was 4.08, -1.0 bps. USDTHB on the previous trading day closed around 31.23, moving in a range of 31.14 – 31.19 this morning. USDTHB could be closed between 31.00 – 31.25 today. The dollar firmed on Thursday amid Middle East tensions, a mixed jobless claims report, and relatively hawkish comments from Fed Governor Miran, who now projects 100bps of rate cuts this year versus 150bps in December; the euro edged lower after failing to sustain a move above 1.1800 and was weighed by soft consumer confidence, while the British pound slipped back below 1.3500 in choppy trade as BoE’s Mann delivered mixed signals—highlighting progress on headline inflation but concerns over core inflation and rising unemployment—and the Japanese yen remained subdued, with USD/JPY holding near 155.00 ahead of Japanese CPI data.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
