Daily Market Insight

• U.S. business activity rebounds to eight-month high in February • Euro zone business growth at 9-month high as services supports • UK economy's unexpected bounce spurs more BoE rate hike talk • Dollar clings to modest gains as strong U.S. data lends support

• U.S. household debt jumps to $16.90 trillion • UK property asking prices show weakest February gain on record • Japan's factory activity shrinks at fastest pace in 2-1/2 years • Dollar edges lower; on course for first monthly gain since September

• U.S. import prices fall in January; annual increase smallest in two years • German producer prices ease, but at lower pace than expected • Thai Q4 GDP unexpectedly falls, 2023 outlook trimmed • Oil prices rise after sharp weekly losses, Fed cues awaited

• U.S. labor market still tight; monthly producer inflation accelerates • China’s new home prices rise in Jan for first time in a year • Singapore's Jan non-oil domestic exports fall 25% y/y • Dollar advances as strong U.S. data backs higher rates backdrop

• U.S. retail sales climb by 3.0% in January • Slowdown in UK inflation eases pressure on Bank of England • Australia employment falls for second month, jobless at 8-mth high • Oil little changed as market discounts big U.S. crude storage build

• U.S. consumer sentiment improves; inflation expectations rise • UK economy shows zero Q4 growth, narrowly avoids recession • Japan's wholesale inflation stays elevated, keeps BOJ under pressure • Dollar rises as investors look to next week's inflation report; yen gains

• U.S. consumer sentiment improves; inflation expectations rise • UK economy shows zero Q4 growth, narrowly avoids recession • Japan's wholesale inflation stays elevated, keeps BOJ under pressure • Dollar rises as investors look to next week's inflation report; yen gains

• U.S. weekly jobless claims increase, labor market still tight • German EU-harmonised January consumer prices rise 9.2% y/y • China CPI inflation misses expectations in January, PPI worsens • Oil prices muted amid economic uncertainty, but set for strong week

• USDTHB: moving in the range 33.50-33.59 this morning, supportive level at 33.40 resistance level at 33.65 • SET Index: 1,670.3 (-0.61%), 8 Feb 2023 • S&P 500 Index: 4,117.9 (-1.11%), 8 Feb 2023 • Thai 10-year government bond yield (interpolated): 2.50 (-1.58 bps), 8 Feb 2023 • US 10-year treasury yield: 3.63 (-4.00 bps), 8 Feb 2023

• U.S. trade gap widens in December; deficit highest on record in 2022 • UK construction slips to near 3-year low, but confidence rises • Japan current account surplus shrinks sharply as weak yen, trade deficits bite • Dollar pulls back as Powell sticks to usual Fed playbook