Fed Unveils Stablecoin Rules Under GENIUS Act 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Add as a preferred source on Google
The Thai baht is expected to outperform and hold around the 31.50-31.80 range, according to the latest research report from Commerzbank.
The Thai baht (THB) continues to be the outperformer among Asian currencies this year. It is up 2.7 percent vs the USD year-to-date compared to the average gain of 0.4 percent for Asian currencies. This is an extension of the trend in 2018 where THB was flat vs USD while Asian currencies fell on average by 3.6 percent.
The outperformance stems from Thailand’s sound economic fundamentals and strong net portfolio inflows since the start of the year. This is a far cry from the 22 years ago when the sudden depreciation of THB sparked contagion and the Asian Financial Crisis of 1997.
The economy is expected to expand 4 percent this year on top of 2018’s 4.2 percent while the current account should remain in a healthy surplus position of around 6.5 percent of GDP. Net portfolio inflows into both the equity and debt markets in Thailand amounted to USD319 billion year-to-date.
