Thailand Core CPI YY (Dec) 0.6% vs Exp. 0.7% (Prev. 0.7%)
The Thailand Core CPI coming in at 0.6%, slightly below the expected 0.7%, indicates a minor softening in inflation pressure.
Baidu's (9888 HK) AI chip arm Kunlunxin aims to raise up to USD 2bln in Hong Kong IPO, according to Bloomberg citing sources
PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries (RIL IS) strongly denied claims of Russian oil imports to its Jamnagar refinery, in which it stated that reports are “blatantly untrue” and are “tarnishing” its image
Thailand Core CPI YY (Dec) 0.6% vs Exp. 0.7% (Prev. 0.7%)
[MARKET ANALYSIS] Asia-Pac stocks are mixed but with the region mostly positive following the record highs on Wall St
[MARKET ANALYSIS] DXY takes a breather after yesterday's advances and amid light FX-specific catalysts
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This could suggest that monetary policy remains accommodative for longer, as a persistent miss may limit the central bank's ability to tighten rates moving forward. It's worth monitoring how this fits into the overall economic narrative and impacts investor sentiment.
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