Thai GDP Growth Rate YoY (Q1) Y/Y 2.8% vs. Exp. 2.2% (Prev. 2.5%)
The Thai GDP growth rate of 2.8% for Q1 beats expectations of 2.2% and marks an improvement from the previous 2.5%.
[MARKET ANALYSIS] Asia-Pac stocks declined as oil and yields climbed on concerns that military action could resume as President Trump warned the clock is ticking on Iran, while the region also digests disappointing Chinese activity data
[MARKET ANALYSIS] DXY gains amid the negative bias overnight, as well as upside in oil and yields
Thai GDP Growth Rate YoY (Q1) Y/Y 2.8% vs. Exp. 2.2% (Prev. 2.5%)
[MARKET ANALYSIS] Oil resumed its rally after Trump warned the clock is ticking on Iran, while he is set for a Situation Room meeting on Tuesday to discuss possible options for military action
China stats bureau says external situation is complex and China's economic foundation still needs to be consolidated, adds to continue to optimise supply and domestic supply-demand imbalance remains prominent, will continue to expand domestic demand
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This positive surprise may indicate stronger economic momentum, which could influence monetary policy considerations and investor sentiment in the region.
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