Daily Market Insight

• US says ceasefire remains in place • US data mixed, takes back seat to geopolitics • RBA hikes interest rates by 25 bps as expected, warns on Middle East risks • Thailand to raise $12bn in debt for relief and energy transition • Dollar eases as US-Iran deal hopes grow

• Geopolitical tensions escalate amid renewed strikes • US data mixed as inflation pressures build and growth proves resilient • ECB and BoE hold rates amid rising inflation risks • Eurozone growth slows and below expectations • Tokyo Inflation cools on childcare support, backing BOJ caution • The dollar firms on safe-haven demand

• US–Iran deal remains stalled, with no progress on key issues • Fed holds rates steady but with highest level of dissent since 1992 • EU member inflation accelerates further above 2% • BOT holds key rate at 1% to support economy amid oil shock • Dollar firms on hawkish Fed signals

• There is little progress on the geopolitical situation • ECB says consumer inflation expectations jump in March • BOJ keeps rates steady but 3 board members call for hike • UAE quits OPEC as war disrupts oil markets and gulf tensions rise • Thailand sees weaker growth, higher inflation on middle east tensions • US dollar edges higher on geopolitical tensions and rising energy prices

• 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

• US-Iran negotiations are clouded by uncertainty • US and EU agree to coordinate on critical minerals to curb China reliance • German sentiment hits 2020 low as Iran war weighs • UK retail sales rise 0.7% in March, beating expectations • Thailand posts record exports in March, trade gap widens • The dollar softens in a risk-on backdrop on Friday night

• Geopolitics continues to dominate market sentiment • US PMI picks up while prices rise most since 2022 • Euro-Zone PMI unexpectedly shrinks as services slump • Japan inflation rises on higher energy costs • The dollar firms as risk sentiment deteriorates

• Geopolitical headlines remain mixed • UK inflation rises to 3.3% as Iran war impact begins to hit • South Korea Q1 GDP rebounds 1.7% on AI export surge, beats forecasts • Bank Indonesia holds key rate, vows further FX intervention • Thailand keeps deficit target, reshuffles spending to cushion oil shock • Dollar firms amid Middle East tensions

• Trump extends Iran ceasefire while keeping Hormuz blockade in place • Kevin Warsh emphasized central bank independence • Retail sales surge above expectations • Moody’s upgrades Thailand outlook to stable, affirms Baa1 rating • Dollar strengthens as geopolitics dominate markets

• US–Iran talks in focus as geopolitical tensions drive market volatility • Fitch warns US credit risk outlook worsens on Middle East conflict • ECB awaits more data before making policy decisions • Thailand mulls higher public debt for $30 billion borrowing • Dollar edges lower against major peers