Thailand's Q2 GDP Beats Forecasts, Full-Year Outlook Raised
Thailand's Q2 GDP beat forecasts, though it contracted quarterly. The planning agency raised its 2026 growth outlook to 2.0-2.5%.
India, in focus.
Thailand's Q2 GDP beat forecasts, though it contracted quarterly. The planning agency raised its 2026 growth outlook to 2.0-2.5%.
Ukrainian drones have hit about 20 Wildberries warehouses, burning goods worth billions and shaking Russia's e-commerce sector.
Thailand's economy grew 1.9% in Q2 2026, beating forecasts. The planning agency raised its full-year growth outlook to 2.0-2.5%.
Thailand's economy grew 1.9% year-on-year in Q2 2026, beating forecasts, though it shrank 0.2% quarter-on-quarter.
Japan's GDP rose at an annualized 1.1% in Q2, with private consumption flat and export growth slowing amid global headwinds.
Japan's 10-year JGB yield rose to 2.925%, a 30-year high, as global bond yields climb and BOJ policy uncertainty persists.
Japan's economy grew at an annualised 1.1% in Q2, missing forecasts, as flat consumption and falling capex offset export strength.
Australian shares fell 0.3% as NAB and JB Hi-Fi earnings disappointed, while miners and gold stocks rose.
Asian shares were flat on Monday as investors monitored oil prices, which remain elevated due to the ongoing Gulf conflict and stalled peace efforts.
JB Hi-Fi's Australian sales fell 0.5% in July, sending shares down 13.8% and raising concerns about earnings downgrades.
Gold prices ticked higher on Monday, supported by a softer dollar and cooling expectations of a US rate hike next month.
Singapore's non-oil domestic exports rose 24.2% year-on-year in July, driven by robust AI-related electronics demand.
Japan's economy expanded at a slower-than-expected pace in Q2, with flat consumption and falling capex clouding the BOJ's rate-hike calculus.
Oil prices were little changed on Monday as shipping through the Strait of Hormuz slowed sharply and US-Iran talks remained stalled.
BlueScope's annual profit more than doubled, beating estimates, driven by strong US steel spreads and Southeast Asian momentum.
Commodity vessel traffic through the Strait of Hormuz fell to near zero over the weekend following tanker attacks, with diplomatic efforts stalled.
UK asking prices fell 2% in August, the steepest drop for the month since 2018, as high supply and summer slowdown weigh on the market.
British employers remain reluctant to hire, with confidence near its weakest outside COVID, a CIPD survey shows.
Jamaat-e-Islami protests in Pakistan demand lower fuel taxes and inflation relief as hundreds rally in Lahore.
Colombia's president requests temporary tariff suspension from Trump to aid earthquake recovery; U.S. has pledged $26.5 million in aid.