- USDTHB: moving in the range 32.38 – 32.43 this morning, supportive level at 32.20 resistance level at 32.50
- SET Index: 1,479.13 (+1.58%), 27 Apr 2026
- S&P 500 Index: 7,173.91 (+0.12%), 27 Apr 2026
- Thai 10-year government bond yield (interpolated): 2.148 (+0.99 bps), 27 Apr 2026
- US 10-year treasury yield: 4.35 (+4.00 bps), 27 Apr 2026
- There is little progress on the geopolitical situation
- ECB survey shows Eurozone companies see higher selling prices
- China’s industrial profit surges 15.8% in March amid global tensions
- Moody’s upgrades China outlook to stable on economic resilience
- Dollar edges lower as markets weigh US–Iran talks, central bank meetings
There is little progress on the geopolitical situation
Geopolitics remained the main driver overnight. Iran said its military should control the Strait of Hormuz and offered to reopen it if the US lifts its naval blockade and moves toward ending the conflict, pushing nuclear talks to a later stage. The US has reportedly been approached through intermediaries, but the White House has not confirmed it is considering the proposal, and an official response from President Donald Trump is expected soon, keeping uncertainty high.
ECB survey shows Eurozone companies see higher selling prices
Euro-area firms expect sharply higher input costs and selling prices due to the Iran war, adding to inflation pressures at the European Central Bank. Companies project selling prices to rise 3.5% over the next 12 months, while input cost expectations jumped to 5.8% from 3.6%. One-year inflation expectations also rose to 3% from 2.6%, though wage growth expectations eased slightly to 2.8% from 3.1%.
China’s industrial profit surges 15.8% in March amid global tensions
China’s industrial firms ended Q1 with stronger profit growth, rising 15.8% in March after a 15.2% increase in the first two months of 2026, bringing total first-quarter gains to 15.5%, the fastest in five years and above expectations. However, the improvement masked a widening divergence, with some sectors benefiting from higher oil, metal, and chip prices alongside the AI boom, while others were pressured by rising input costs.
Moody’s upgrades China outlook to stable on economic resilience
Moody’s Ratings upgraded China’s outlook to stable from negative, affirming its A1 rating on the back of sustained growth, debt management, and a large, diversified economy with rising competitiveness.
Dollar edges lower as markets weigh US–Iran talks, central bank meetings
The 10-year government bond yield (interpolated) on the previous trading day was 2.148, +0.99 bps. The benchmark government bond yield (LB365A) was 2.15, +1.00 bps. Meantime, the latest closed US 10-year bond yields was 4.35, +4.0 bps. USDTHB on the previous trading day closed around 32.33, moving in a range of 32.38 – 32.43 this morning. USDTHB could be closed between 32.20 – 32.50 today. The dollar edged lower Monday as Antipodeans outperformed in quiet trade ahead of a packed week; activity was subdued with no US data and the Federal Reserve in blackout before Wednesday’s FOMC meeting, while Senator Thom Tillis dropped opposition to Kevin Warsh’s nomination after the Department of Justice dismissed a case against Jerome Powell, with a vote set for April 29; focus now turns to key data (GDP, ECI, PCE, ISM) and major earnings, while geopolitical headlines via Axios—reporting Iran’s proposal to reopen the Strait of Hormuz—added mild pressure to the dollar. The euro and the British pound were broadly flat, while the Japanese yen edged lower, with the yen in focus ahead of the Bank of Japan meeting. The BoJ is widely expected to keep rates steady at 0.75%, with bets on an April hike unwound following comments from Governor Ueda and related reports. The central bank is also set to release its outlook Report, where it may lift its inflation forecast while trimming growth projections.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
