| FX Market Outlook |
On Monday, the USD/THB opened at 32.02/04, weaker than the previous closing level of 31.95/97. The U.S. trade deficit narrowed in March because a record plunge in the value of imports did little to lift the dollar on Friday. However, the dollar fell in response to credit market losses as investors moved to reduce exposure to risky assets amidst heightened concerns about the health of the U.S. economy. The dollar declined sharply against the yen after American International Group, the world's largest insuer, showed its largest ever quarterly loss and said it planned to raise $12.5 billion in fresh capital. In addition, the jump in oil prices to an all-time high also pushed the dollar lower. In New York trading, the dollar fell 0.8 percent against the yen to 102.94 yen. Meanwhile, the euro rose 0.5 percent to 1.5480 dollar. At 8.30 a.m., the USD/THB was traded at 32.15/17.
|
| THB Bonds Market Outlook |
On May 9, total trading values increased by 10% to THB 275 bln. Outright transactions accounted for 44% of total trading and amounted to THB 121 bln., 7% lower than the previous day. At the auction, CB08527A gained 3.1270- 3.1430% at an average of 3.13811%, with total bids equal to 1.43 times supply, and gained the major portion of government bond trading value. The market overall was quiet after the auction At the end of the day, almost all government bond yields were down by -1 to -5 bps, while 12 yr tenors were up by +1 bps.
|
 |
| JPY/USD |
104.75/77 |
104.88/93 |
| EUR/USD |
1.5391/93 |
1.5339/44 |
| GBP/USD |
1.9535/38 |
1.9506/11 |
| CHF/USD |
1.0548/52 |
1.0579/84 |
| SGD/USD |
///////// |
1.3682/92 |
| HKD/USD |
///////// |
7.7939/45 |
| AUD/USD |
0.9418/21 |
0.9372/76 |
|
| 1 month (%) |
2.5500 |
4.3831 |
0.6643 |
2.3533 |
| 2 months (%) |
2.6356 |
4.6762 |
0.8125 |
2.6133 |
| 3 months (%) |
2.6850 |
4.8537 |
0.9118 |
2.7750 |
| 6 months (%) |
2.7800 |
4.8731 |
0.9775 |
2.8850 |
| 12 months (%) |
2.8725 |
4.9450 |
1.1003 |
3.0916 |
|
| O/N |
- |
3.2500 |
| 7 days |
- |
- |
| 14 days |
- |
- |
| 1 month |
- |
- |
| 2 months |
- |
- |
| 3 months |
- |
- |
| 6 months |
- |
- |
|
| US 10 years |
3.67 |
|
| Thai Yankee 2007 |
N/A |
N/A |
| JGB 10 years |
1.58 |
- |
| Thai Gov't 10 years |
4.78 |
- |
|
|
|
| THB / USD |
31.914 |
|
| Change |
+0.039 |
Baht |
|
| Fixed : |
3 months |
2.25 |
% |
| |
6 months |
2.25 |
% |
| |
12 months |
2.375 |
% |
| |
24 months |
2.50 |
% |
| Saving A/C |
0.75 |
% |
|
| MOR |
7.125 |
% |
| MLR |
6.875 |
% |
| MRR |
7.375 |
% |
|
| Prime Rate |
5.00 |
% |
| Fed Fund Rate* |
2.00 |
% |
|
| * Closing Rate in NY Market |
| |
|
| 3 months |
1.67 |
% |
| 6 months |
1.75 |
% |
| 12 months |
N/A |
% |
| 2 years |
2.32 |
% |
| 5 years |
3.09 |
% |
| 10 years |
3.87 |
% |
| 30 years |
4.61 |
% |
|
| |
|
| 1 month |
3.07 |
% |
| 3 months |
3.11 |
% |
| 6 months |
3.19 |
% |
|
| Oil : Brent |
JUN |
122.65
|
$/Barrel |
| Gold |
868.00 |
$/Ounce |
|
| |
| 1 months |
0.25 |
1.50 |
Satang |
| 2 months |
0.50 |
3.00 |
Satang |
| 3 months |
0.75 |
4.50 |
Satang |
| 6 months |
2.25 |
7.50 |
Satang |
|
| Dow Jones |
12745.88 |
-120.90 |
| FTSE |
6204.69 |
-66.12 |
| Nikkei |
13581.37 |
-287.92 |
| Hang seng |
25063.17 |
-386.62 |
| Singrapore |
3162.03 |
-9.85 |
| Taipei |
846.71 |
-3.46 |
|
| 1 month |
2.88 |
2.95 |
| 2 months |
2.96 |
3.03 |
| 3 months |
3.01 |
3.08 |
| 6 months |
3.09 |
3.13 |
| 1 year |
3.49 |
3.56 |
| 2 years |
3.87 |
3.94 |
| 3 years |
4.13 |
4.20 |
| 4 years |
4.39 |
4.46 |
| 5 years |
4.63 |
4.70 |
| 7 years |
4.91 |
4.98 |
| 10 years |
5.19 |
5.26 |
|
| |
|
| 1 year |
3.42 |
% |
| 2 years |
3.67 |
% |
| 3 years |
3.85 |
% |
| 5 years |
4.15 |
% |
| 7 years |
4.58 |
% |
| 10 years |
4.78 |
% |
| 12 years |
5.07 |
% |
| 14 years |
5.18 |
% |
|
|
