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06:08
Barclays: The Bank of Thailand’s rate-cutting cycle may have ended, and interest rates are expected to remain at 1.0% for a long time.
(1) Barclays economists have released a report stating that the Bank of Thailand's rate-cutting cycle may have ended. Unless the economic outlook deteriorates significantly, the Monetary Policy Committee is expected to keep the policy rate unchanged at 1.0% throughout 2027. (2) The economists added that policymakers may be concerned about inflation remaining too low for an extended period. The Bank of Thailand "currently does not seem overly concerned" about the potential oil price shock triggered by Middle Eastern conflicts. (3) Barclays analysis points out that the recent surge in oil prices is unlikely to have a substantial impact on Thai inflation. It is expected that for every $10 increase in crude oil prices, there will be only a moderate impact of about 0.2 percentage points on the Consumer Price Index.
05:58
Tron Inc. increases holdings by 175,251 TRX, total holdings exceed 684.9 millions TRX
ChainCatcher news, according to the official announcement, Tron Inc. acquired 175,251 TRX tokens at an average price of $0.29, bringing its total TRX holdings to over 684.9 millions.
05:55
Morgan Stanley: Asia May Turn to Coal to Address LNG Supply Risks
Golden Ten Data reported on March 5 that Morgan Stanley analysts stated in a report that, in order to ensure uninterrupted power supply, Asian economies may consider coal as an important alternative energy source to liquefied natural gas (LNG). South Asia still has flexible coal-fired power capacity available, and the region has recently built some new coal-fired power plants. Analysts estimate that about 20% of Asia's electricity supply relies on LNG from the Middle East. Disruptions in LNG supply caused by the Iran conflict are crucial for the region's data centers and power grids. India and Thailand have the highest dependence on spot LNG, while utility companies in Malaysia and Indonesia may be relatively less affected by fuel supply issues. Rising LNG prices could widen the power price spread for efficient operators, especially in wholesale electricity markets such as the Philippines and Singapore.
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