EZB8RISK / Market Briefing

Thailand's flood crisis remains the dominant story, with thousands sheltering in Bangkok and damage estimates now running into the hundreds of millions of dollars, keeping the drag

Thailand's flood crisis remains the dominant story, with thousands sheltering in Bangkok and damage estimates now running into the hundreds of millions of dollars, keeping the drag on growth and consumer activity in focus. A court's dismissal of a petition challenging the February election's legality removes one layer of political uncertainty, though the government's flood response still weighs on confidence. Meanwhile, August car production climbed solidly year on year, offering a rare bright spot as regional emerging markets softened amid rising oil prices and renewed Middle East tensions.

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