EZBrisk / Market Briefing

Thai equities carry forward the confidence from S&P's affirmed BBB rating, with policymakers adding fresh momentum through a proposed pickup truck trade-in scheme aimed at supporti

Thai equities carry forward the confidence from S&P's affirmed BBB rating, with policymakers adding fresh momentum through a proposed pickup truck trade-in scheme aimed at supporting domestic demand. Trade talks remain a focal point as officials expect US tariffs to hold near current levels while pushing for further reductions, a headwind that keeps export competitiveness in play. Meanwhile the central bank chief's view that current growth falls short, combined with El Nino pushing Asian rice prices toward multi-year highs and stoking inflation risk, tempers the fiscal optimism.

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