Emerging Markets Cross-Asset Strategist, Emvest Partners

Guillaume Coutant

Emerging Markets Cross-Asset Strategist

Cross-Asset Emerging Markets Technical Research

Emvest Partners

Emvest Partners is the leading independent French financial analyst specializing in Emerging Markets for  Asset Managers, Hedge Funds and Family Offices. The studies provided by Emvest Partners are based on a top-down, cross-asset and relative-value approach of the financial markets. The articulation of macroeconomic analysis and technical analysis improves the consistency of the recommendations, the mitigation of risks of error and a significant improvement in performance.

Technical Analysis

<ul>
<li>Thailand 6-month reference rate should remain capped below 1,40%.</li>
<li>
<a href="https://www.smartkarma.com/entities/22830" target="_blank" data-smartkarma-citation="entities:22830:1">THB (USDTHB CURNCY)</a> outright swaps are showing elements of bearish reversal (Crossing Moviong Averages, RSI entering bearish territory).</li>
<li>In parallel, the 1-5y curve is also showing signs of a significant flattening reaction below 83/989bps towards 50/40bps even 32bps.</li>
<li>Therefore, going to be received on the mid-end part of the curve makes more sense, with a 5y outright swaps expected to drop below 2,1350/2,1300% to reach 1,77% at…</li>
</ul>


Thailand 6-month reference rate should remain capped below 1,40%.

THB (USDTHB CURNCY) outright swaps are showing elements of bearish reversal (Crossing Moviong Averages, RSI entering bearish territory).
In parallel, the 1-5y curve is also showing signs of a significant flattening reaction below 83/989bps towards 50/40bps even 32bps.
Therefore, going to be received on the mid-end part of the curve makes more sense, with a 5y outright swaps expected to drop below 2,1350/2,1300% to reach 1,77% at…


Thailand Swaps : Bullish Flattening Expected