- USDTHB: moving in the range 33.62 – 33.64 this morning, supportive level at 33.45 resistance level at 33.68
- SET Index: 1,570.6 (-0.89%), 8 Oct 2026
- S&P 500 Index: 7,765.4 (-0.47%), 8 Oct 2026
- Thai 10-year government bond yield (interpolated): 2.392 (-1.58 bps), 8 Oct 2026
- US 10-year treasury yield: 5.22 (-6.00 bps), 8 Oct 2026
- U.S. labor markets remain firm as Initial Jobless Claims below forecast
- BoE policymakers maintained a hawkish tone to cope with rising price index
- Germany’s trade surplus narrowed in August as exports weakened
- Oil prices rebounded again as escalating geopolitical tensions
- Thailand set to raise international travel costs
- Dollar pauses near 18-month high as U.S bond rout halts
U.S. labor markets remain firm as Initial Jobless Claims below forecast
U.S. initial jobless claims edged down to 197,000 in the week ending October 3, below market expectation of 200,000, compared to a revised 199,000 in the previous week, while the four-week moving average fell to 198,000, pointing to still-low layoffs. However, continuing claims rose by 17,000 to 1.716 million in the week ending September 26, with the insured unemployment rate unchanged at 1.1%. Meanwhile, total continued weeks claimed across all benefit programs declined by 47,372 to 1.52 million in the week ending September 19, well below 1.73 million in the comparable week of 2025.
BoE policymakers maintained a hawkish tone to cope with rising price index
The Bank of England’s (BoE) policymakers continue to signal concern over persistent inflation, as Megan Greene warned that expected wage growth of around 3.5% in 2027 suggests wage pressures are easing only gradually and could complicate the return of inflation to the 2% target. Also, Chief Economist Huw Pill echoed the hawkish stance, emphasizing that monetary policy must remain resolutely focused on inflation amid rising global bond yields, while recent MPC voting and policymakers’ comments suggest the case for a rate hike is strengthening.
Germany’s trade surplus narrowed in August as exports weakened
Germany’s trade surplus narrowed to €19.5 billion in August from €21.6 billion in July, though it remained above €17.6 billion a year earlier. Exports fell 0.8% mom to €137.6 billion but rose 6.2%yoy, while imports increased 0.9% mom to €118.1 billion, up 5.5%yoy. Exports weakened across both EU and non-EU markets, with shipments to the EU down 0.6%mom and to non-EU countries down 1.1% mom, while imports from non-EU countries rose 2.2%mom.
Oil prices rebounded again as escalating geopolitical tensions
Despite recent IEA’s agreement to accelerate oil inventories, brent crude climbed on Thursday to over $102 per barrel, supported by a surge in attacks on vessels transiting the Strait of Hormuz, a critical chokepoint that previously handled around one-fifth of global oil trade. The market was further supported by hurricane-related shutdowns in the U.S. Gulf of Mexico, where producers suspended roughly a quarter of offshore oil output. Additional support came from declining U.S. oil inventories, highlighting persistent supply-demand imbalances and keeping upward pressure on energy prices.
Thailand set to raise international travel costs
Thailand is planning to raise higher international travel charges, with three fees/taxes potentially totaling THB 2,570 per person, apply to different groups of travelers: 1) Passenger Service Charge (PSC): THB 1,120 (increase from THB 730) for international departures from AOT airports, and already effective from 20 June 2026 2) Foreign tourist fee: THB 450, applicable to eligible foreign tourists arriving by air and 3) International departure tax for both Thais and foreigners (eligible only for departing by air): initially THB 1,000 per trip, with a statutory ceiling of THB 5,000 per trip (Currently under public consultation).
Dollar pauses near 18-month high as U.S bond rout halts
The 10-year government bond yield (interpolated) on the previous trading day was 2.392, -1.58 bps. The benchmark government bond yield (LB365A) was 2.340, -1.70 bps. Meantime, the latest closed US 10-year bond yields was 5.22, -6.00 bps. USDTHB on the previous trading day closed around 33.68 Moving in a range of 33.62-33.64 this morning. USDTHB could be closed between 33.45-33.68 today. The U.S. dollar consolidated near an 18‑month high as the recent Treasury bond rout eased. The currency continues to draw support from elevated global yields amid inflation concerns, heavy sovereign debt issuance, hawkish central bank signals, and widening fiscal deficits.
Sources : ttb analytics , Bloomberg, CNBC, Trading economics, Investing, CEIC
