Economics Morning Brief and Today's News Summary by Manrat Chotsiri on November 10th, 2026.
Here's a summary of the day's general news:
1. Social and Weather News
Severe Weather Conditions: The Meteorological Department issued a warning for the North and Northeast regions, with temperatures dropping 3-5 degrees Celsius, cool mornings, and strong winds. Heavy to very heavy rainfall is expected in 11 southern provinces. The public is advised to be cautious of flash floods and landslides.
Road Collapse: A section of Samsen Road collapsed, creating a 3-meter wide and 1.2-meter deep sinkhole in front of Boonrawd Brewery (Purple Line MRT construction site). Officials are coordinating repairs with contractors and advising the public to avoid the area.
2. Crime and Environmental News
Illegal Dumping of Industrial Waste: Police from the Natural Resources and Environmental Crime Division inspected an area in Samut Sakhon province after discovering over 30 tons of black industrial waste dumped next to a fish pond near a water source, posing a risk to the environment and agricultural land.
Update on the Foundation Case... And the investigation: The Economic Crime Suppression Division (ECSD) police have issued additional summonses to those involved in the financial trail and donation investigation, and are expanding searches on related matters.
3. Political and Security News
Regarding the Senate election process and the Election Commission: In a development concerning the Senate election collusion case, Yingcheep Atchanont, Director of iLaw, met with investigators at the Crime Suppression Division following a witness summons regarding the dissemination of documents in the case. He affirmed his commitment to presenting the facts to the public.
Cybersecurity Monitoring: The Secretary-General of the National Security Council (NSC) revealed the ongoing cyberattack situation. The Prime Minister has instructed all sectors to upgrade preventative measures and integrate cooperation with the private sector to reduce risks.
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Here's a summary of the latest week's in-depth economic news across all categories, highlighting key market movements:
📈 1. Capital and Stock Markets (Stock Market)
Thai Stock Market (SET Index): Closed higher at 1,473.07 points (+7.37 points or +0.50%), with a total trading value of over 52,524 million baht.
Driving Factors: Supported by net buying from institutional and retail investors (approximately 2,900 million baht) who are accumulating fundamentally sound stocks amidst a more relaxed investment climate and anticipation of Q3 2026 earnings reports from Thai listed companies.
🏆 2. Gold Market (Gold Traders Association 96.5%): A strong surge at the beginning of the week.
Driving Factors: Global (Gold Spot) and domestic gold prices rebounded due to buying of safe haven assets to hedge against geopolitical tensions and exchange rate volatility.
Monetary Policy Stance: The Bank of Thailand (BOT) maintained the policy interest rate at 1.00%, assessing it as an appropriate level to support an economy that remains below its potential growth and faces inequality.
Structural Economic Stimulus Measures: The BOT Governor outlined approaches to bringing informal businesses into the financial system, combating cyber threats, and ensuring fair financing costs. This is expected to boost GDP growth potential by an additional 0.1 - 0.5% in 2026.
Inflation: The overall inflation rate is fluctuating within a range of approximately 2.0% - 2.9%, with specific pressures from energy costs and the cost of living, while consumer purchasing power still needs to be maintained.
🌍 4. Global Economic News
Global Financial Market Outlook: Global financial markets are responding to the US Federal Reserve's (Fed) continued data-dependent monetary policy, amidst mixed signals from US economic and labor market data.
Energy Sector and Supply Chain: Global crude oil prices remain volatile due to tensions in the Middle East, prompting major central banks worldwide to closely monitor inflation risks and production costs.
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Here's an overview and overview of the money market, capital market, Thai baht, gold, and AI stocks for the morning of Tuesday, November 10, 2026:
💵 1. Money Market & Thai Baht (Money Market & FX)
Thai Baht: Fluctuating within a range of approximately 33.48 - 33.55 baht/US dollar.
Overall: The Thai baht slowed its weakening trend and stabilized slightly towards appreciation, in line with regional currencies. The US dollar index (DXY) fluctuated within a range, awaiting new supporting factors, including key US macroeconomic data reports this week.
📈 2. Capital Market (Stock Market & SET Index)
SET Index: Closer at 1,473.07 points (+7.37 points or +0.50%) with a trading value of approximately 52.5 billion baht.
Investment Atmosphere: The Thai stock market rebounded briefly due to net buying by institutional investors (+1,540 million baht) and domestic retail investors. The index was supported after a sharp decline last week. However, the market remains pressured by foreign selling (-2.5 billion baht) amidst anticipation of Q3/2026 financial results from Thai listed companies.
🏆 3. Gold Market
Domestic gold bar prices (Gold Traders Association 96.5%):
Buyback price: 64,900 - 65,100 baht/baht of gold
Selling price: 65,100 - 65,300 baht/baht of gold (Ornamental gold selling price approximately 65,900 baht)
Gold price situation: Gold prices surged in the morning following the global gold spot price which tested the $4,100 - $4,120/ounce level, before profit-taking selling pressure emerged towards the end of the day. Overall, gold continues to receive strong support as a safe-haven asset amidst global political and economic volatility.
🤖 4. AI Sector Stocks (Global & Thai AI Sector)
International AI Stocks (Global Tech & Semiconductor):
Global technology stock markets are stabilizing and showing mixed recovery across sectors. Giants like NVIDIA (NVDA) remain closely watched ahead of their latest quarterly earnings report on November 17, 2026.
The market focus is on monitoring sales of new architecture chips and the return on investment (ROI) of AI data centers.
Thai AI & Technology Stocks:
Electronic Components Sector (DELTA, KCE, HANA): Buying pressure rebounded, supporting the index, especially DELTA (+2.82%) following the trend of regional technology stocks. However, KCE still faced selling pressure following its financial results.
Digital Infrastructure & Data Center Sector (GULF, ADVANC, TRUE): Remains at high levels, benefiting from the continued expansion of domestic data center and cloud investments.