- USDTHB: moving in the range 32.81 – 32.91 this morning, supportive level at 32.60 resistance level at 32.90
- SET Index: 1,449.62 (+0.18%), 30 Mar 2026
- S&P 500 Index: 6,343.72 (-0.39%), 30 Mar 2026
- Thai 10-year government bond yield (interpolated): 2.292 (-3.31 bps), 30 Mar 2026
- US 10-year treasury yield: 4.35 (-9.00 bps), 30 Mar 2026
- Trump warns of escalation as Iran targets Hormuz and Houthi risks rise
- Powell says Fed stays patient as inflation and energy risks loom
- German CPI hits 1-year high on Iran conflict
- Tokyo CPI cools to slowest in two years as food cost gains ease
- Dollar extends gains on escalating Iran tensions
Trump warns of escalation as Iran targets Hormuz and Houthi risks rise
Donald Trump warned of further escalation against Iran, including potential strikes on key civilian energy infrastructure if the Strait of Hormuz is not reopened promptly, while also noting that the US is engaged in “serious” talks with what he described as a new regime to bring military operations to an end. Meanwhile, Iran’s parliament has approved a bill to impose transit fees on vessels using the strait, according to Fars, and European officials said Tehran is urging Yemen’s Houthis to prepare for renewed attacks on Red Sea shipping if the conflict intensifies.
Powell says Fed stays patient as inflation and energy risks loom
Fed Chair Powell said monetary policy is in a good place and that officials are not yet at the stage of deciding their next move, emphasizing a tendency to look through supply shocks while closely monitoring well-anchored inflation expectations. Meanwhile, governor Miran largely repeated his usual remarks.
German CPI hits 1-year high on Iran conflict
German inflation surged in March as the Iran conflict pushed up energy costs, reinforcing expectations of an ECB rate hike. Consumer prices rose 2.8% year-on-year, the highest in over a year, with energy costs jumping 7.2%, their first increase since December 2023.
Tokyo CPI cools to slowest in two years as food cost gains ease
Tokyo inflation eased to its slowest pace in nearly two years as food price gains moderated. Core consumer prices rose 1.7% year-on-year in March, below the expected 1.8% and the smallest increase since April 2024, while overall inflation slowed to 1.4% from 1.5%, and the energy-excluded measure fell to 2.3% from 2.5%.
Dollar extends gains on escalating Iran tensions
The 10-year government bond yield (interpolated) on the previous trading day was 2.292, -3.31 bps. The benchmark government bond yield (LB365A) was 2.30, -8.00 bps. Meantime, the latest closed US 10-year bond yields was 4.35, -9.0 bps. USDTHB on the previous trading day closed around 32.83, moving in a range of 32.81 – 32.91 this morning. USDTHB could be closed between 32.60 – 32.90 today. The US dollar strengthened at the start of the week, weighing on most G10 currencies except the JPY, as the greenback found support from escalating tensions in the Iran conflict—highlighted by the involvement of Iran-backed Houthis and President Trump’s warning to “obliterate” Iran’s power infrastructure if a deal is not reached soon, despite ongoing serious discussions to end US military operations. Meanwhile, the euro slipped below the 1.1500 level despite generally upbeat economic data, the British pound fell back from 1.3200 amid a lack of fresh domestic catalysts, and the Japanese yen outperformed, supported by recent verbal intervention from Japanese officials and increasingly hawkish signals from the Bank of Japan.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
