Daily Market Insight

• Trump lands in China amid focus on his talks with Xi about trade, Iran war • PPI surges, outpacing forecasts and previous figures • Fed officials flag sticky inflation risks, with policy outlook still data-dependent • Bank of Thailand warns on stimulus limits as growth slows sharply • Dollar strengthens as hot PPI keeps rate hikes in play

• Fragile ceasefire and Iran conditions keep geopolitical risks elevated • US core inflation accelerates, clouding Fed easing outlook • BoJ Summary of Opinions points to further rate hikes • British politics is back to instability • Dollar rallies on hot CPI, rising oil prices

• Geopolitical tensions persist as talks stall • Japan’s households cut spending even as wages kept growing • China CPI, PPI beat forecasts amid rising cost pressures • Thailand opposition challenges 400 billion baht borrowing plan • Dollar trades mixed amid uncertainty over middle east tensions

• US-Iran peace talks hit wall as Trump rejects Tehran response • NFP beats expectations, while the unemployment rate remains unchanged • China exports jump 14.1% as AI boom outpaces war disruptions • Thailand AI-Linked firm under scrutiny in alleged Nvidia chip diversion case • Dollar strengthens as Trump calls Iran peace offer “unacceptable”

• US, Iran exchange fire amid escalating tensions in Strait of Hormuz • Trump’s latest 10% tariffs found unlawful by US trade court • Malaysia holds key rate while warning over middle east risks • Thailand, Cambodia move to restore ties after deadly border clashes • Dollar firms as Middle East tensions keep investors cautious

• 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 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