- USDTHB: moving in the range 32.24 – 32.29 this morning, supportive level at 32.05 resistance level at 32.35
- SET Index: 1,516.91 (+1.80%), 6 May 2026
- S&P 500 Index: 7,365.12 (+1.46%), 6 May 2026
- Thai 10-year government bond yield (interpolated): 2.239 (-0.23 bps), 6 May 2026
- US 10-year treasury yield: 4.36 (-7.00 bps), 6 May 2026
- US and Iran near preliminary deal to end conflict
- US private employment growth speeds up in April
- China services sector growth accelerates in April
- Thailand’s headline CPI surges in April as middle east conflicts bolster fuel prices
- Thailand clears $29 billion investments led by TikTok project
- Dollar falls on hopes of US-Iran deal
US and Iran near preliminary deal to end conflict
Axios reports that the US and Iran are close to a one-page memorandum aimed at ending the conflict and establishing a framework for broader nuclear talks, with the White House viewing progress as the most advanced so far. The proposed 14-point MoU would include easing restrictions in the Strait of Hormuz, Iran suspending uranium enrichment, pledging not to pursue nuclear weapons, and accepting enhanced inspections, with many terms contingent on a final agreement. The plan would begin a 30-day negotiation period, with Tehran expected to respond on key issues within 48 hours. Separately, the WSJ reports Iran has discussed a possible 12–15 year pause in uranium enrichment before a limited restart, along with proposals to transfer some highly enriched uranium abroad, though it reportedly rejects sending any material to the US.
US private employment growth speeds up in April
The ADP report showed US private payrolls rose by 109,000 in April, surpassing forecasts of 79,000 and improving from 62,000 previously. Hiring was driven by gains in both goods-producing and services sectors.
China services sector growth accelerates in April
China’s RatingDog Services PMI rises to 52.6 in April, beating expectations and pointing to faster expansion on stronger domestic demand and rising new orders. Input cost pressures also pick up, while the composite PMI climbs to 53.1.
Thailand’s headline CPI surges in April as middle east conflicts bolster fuel prices
Thailand’s CPI rises 2.89% in April, its first increase in over a year and above the 2.2% forecast, driven by higher fuel, transport, and goods costs. Monthly inflation accelerates to 2.75% from 0.6% in March, while core inflation edges up to 0.83%. Officials expect further gains ahead, with inflation projected to peak around 4.1% in October.
Thailand clears $29 billion investments led by TikTok project
Thailand approves 958 billion baht in investments, led by TikTok System (Thailand)’s 842 billion-baht data infrastructure expansion to support its push as a regional AI and cloud hub. Other approvals include major data centers from UAE’s DAMAC Group and Singapore’s Bridge Data Centers, along with projects in renewable energy, recycling, and mining.
Dollar falls on hopes of US-Iran deal
The 10-year government bond yield (interpolated) on the previous trading day was 2.239, -0.23 bps. The benchmark government bond yield (LB365A) was 2.21, -3.00 bps. Meantime, the latest closed US 10-year bond yields was 4.36, -7.0 bps. USDTHB on the previous trading day closed around 32.46, moving in a range of 32.24 – 32.29 this morning. USDTHB could be closed between 32.05 – 32.35 today. The dollar falls sharply as improving US-Iran talks lift risk sentiment, with losses deepening after Axios reported progress toward a preliminary deal to end the conflict and advance nuclear negotiations. The euro and pound strengthen on broad dollar weakness, while the yen steadies around 156.00 after a sharp earlier rally that fuels speculation of possible Japanese intervention ahead of US-Japan talks on yen weakness next week.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
