Thailand’s SET Index closed at 1,143.31 points, increased 22.18 points or 1.98% with a trading value of THB 33.68 billion. The analyst stated that the Thai market mirrored gains across markets in the region, as optimism over U.S.-Thai trade discussions and attractive stock valuations fueled investor sentiment. However, the trading volume remained subdued.
For tomorrow, the analyst suggests investors pay attention to the nomination for the next Governor of the Bank of Thailand.
Thailand is considering expanding zero-tariff market access for additional American products in an effort to persuade the U.S. to reconsider a proposed 36% tariff on Thai exports.
Finance Minister Pichai Chunhavajira revealed that the government is also readying 200 billion baht (approximately $6.1 billion) in soft loans aimed at alleviating the potential fallout from mounting trade duties.
The United States and Thailand have officially launched a new era in energy partnership, with the Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy — commonly referred to as the “123 Agreement” — coming into force on July 9.
The agreement establishes a robust framework for collaboration in the peaceful application of nuclear technology, underlining both nations’ commitment to nuclear nonproliferation.
Singapore’s economy avoided technical recession in the second quarter of 2025, moving back in a positive column with GDP expanding 4.3% year-on-year. This marked an improvement from the 4.1% pace recorded in the first quarter, and significantly surpassed the 3.5% consensus forecast from a Reuters poll of economists.
In China, the nation’s exports outpaced market expectations in June, with the figure rising 5.8% in dollar terms year-on-year, surpassing the 5% increase predicted in a Reuters survey.
This came as companies expedited overseas shipments to take advantage of a temporary suspension of U.S. tariffs before an August deadline.
U.S. President Donald Trump announced on Saturday that a 30% tariff will be imposed on imports from the European Union and Mexico, with the measure set to take effect starting August 1, 2025.
As for the EU, the bloc announced Sunday it will hold off on enforcing retaliatory tariffs against U.S. goods as Brussels pursues a trade agreement with the Trump administration by month’s end.
