Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Canada and Germany Advance Major LNG Supply Partnership 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
Thailand's Economic Growth Projections for 2025
Thailand's economy is poised for a 3% growth in 2025, building on an expected 2.7% growth in 2024, according to the finance ministry. This positive trend is fueled by robust private consumption, exports, investments, and a thriving tourism sector.
In 2023, Thailand's economy expanded by a modest 1.9%. However, recent forecasts indicate a significant rebound, especially after the Bank of Thailand's unexpected interest rate cut aimed at stimulating economic activity. Pornchai Thiraveja, head of the finance ministry's fiscal policy office, emphasized the importance of monetary policy in supporting economic expansion, noting, "There is limited fiscal space... to grow at 3.5%, we must consider quasi-fiscal measures."
The ministry anticipates GDP growth in the third quarter of 2024 will remain below 3%, but forecasts an acceleration to over 4% in the final quarter. Despite concerns about the baht's strength against the dollar impacting export competitiveness, it is projected to average between 34.8 and 35.4 per dollar this year, and between 32.7 and 33.1 next year.
Tourist arrivals are expected to reach 36 million in 2024 and 39 million in 2025, nearing the record of nearly 40 million visitors in 2019. Exports are projected to grow by 2.9% this year, exceeding previous forecasts, with a further increase to 3.1% in 2025. Additionally, the Finance Ministry and the Bank of Thailand have agreed to maintain an inflation target of 1% to 3% for the upcoming year.
