- USDTHB: moving in the range 33.21 – 33.22 this morning, supportive level at 33.10 resistance level at 33.40
- SET Index: 1,591.07 (-0.84%), 14 Sep 2026
- S&P 500 Index: 7,619.98 (-0.48%), 14 Sep 2026
- Thai 10-year government bond yield (interpolated): 2.364 (+1.79 bps), 14 Sep 2026
- US 10-year treasury yield: 4.97 (+1.00 bps), 14 Sep 2026
- Oil rises on Saudi pipeline disruption, but easing tensions cap gains
- AI CEOs call for slower development on safety concerns
- ECB flags energy risks, keeps door open to rate action
- China credit data signal persistent demand weakness
- Indonesia names new finance minister, pledges fiscal discipline
- Dollar starts week firmer as markets await Fed rate decision
Oil rises on Saudi pipeline disruption, but easing tensions cap gains
Oil prices rose but closed well off intraday highs, initially supported by postponed Iran-Gulf talks and the prolonged shutdown of Saudi Arabia’s East-West pipeline. Gains later faded on signs of easing geopolitical tensions, including potential US-Iran negotiations and an agreement between Russia and Ukraine to halt attacks on energy infrastructure.
AI CEOs call for slower development on safety concerns
Several prominent AI CEOs, including leaders from OpenAI, xAI and Anthropic, called for a slowdown in the pace of AI development amid growing safety concerns. The comments raised concerns over a potential moderation in the AI investment cycle and related infrastructure spending, weighing heavily on semiconductor and memory stocks that have benefited from the rapid AI buildout.
ECB flags energy risks, keeps door open to rate action
ECB officials struck a cautious-to-hawkish tone, with Schnabel flagging concerns over rising energy prices, while Kazimir and Simkus kept the door open to policy action at upcoming meetings. Stournaras argued that timely action could reduce the need for more aggressive rate hikes later. Separately, Lagarde warned that Europe risks falling behind in AI development.
China credit data signal persistent demand weakness
Chinese banks extended just RMB60bn in new loans in August, well below the RMB400bn consensus, while outstanding loan growth fell to a record-low 4.9% YoY and household loans contracted for a sixth straight month. The data underscore persistently weak credit demand rather than a lack of liquidity, particularly in mortgages and consumer borrowing.
Indonesia names new finance minister, pledges fiscal discipline
Indonesia’s President Prabowo replaced Finance Minister Purbaya Yudhi Sadewa with his deputy, Suahasil Nazara, who pledged to maintain fiscal discipline and keep the budget deficit below the 3% of GDP legal ceiling. The appointment of the veteran technocrat could help ease investor concerns over fiscal credibility and policy uncertainty.
Dollar starts week firmer as markets await Fed rate decision
The 10-year government bond yield (interpolated) on the previous trading day was 2.364, +1.79 bps. The benchmark government bond yield (LB365A) was 2.31, +3.00 bps. Meantime, the latest closed US 10-year bond yields was 4.97, +1.0 bps. USDTHB on the previous trading day closed around 33.18, moving in a range of 33.21 – 33.22 this morning. USDTHB could be closed between 33.10 – 33.40 today. The dollar started the week firmer amid a broad risk-off tone, driven by renewed concerns over the AI outlook, although sentiment gradually improved during the US session. Attention is now firmly on Wednesday’s FOMC meeting, where markets assign around a 90% probability to a 25bp rate hike, while the latest Reuters poll shows 15% of economists expect the Fed to remain on hold. The euro weakened against the dollar despite hawkish-leaning remarks from several ECB officials, while the British pound traded mostly below 1.3500 ahead of UK employment and wage data. Meanwhile, the Japanese yen weakened, with USD/JPY approaching 155.00 before meeting resistance and subsequently paring most of its gains.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
