The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day.

0720 GMT - Asean's near-term foreign direct investment inflows could face headwinds, UOB's Global Economics & Markets Research team write in a report. Several economies have pledged significant investments to the U.S. to secure tariff exemptions or more favorable trade terms, UOB says. These commitments, along with the Trump administration's push for more U.S. reshoring, may potentially divert capital originally intended for the region. However, Asean remains well-positioned to attract investment flows over the mid-to long-term, UOB says. This is supported by factors including increasing cross-border policy coordination, rising regional integration and engagement with trading partners.(amanda.lee@wsj.com)

0653 GMT - Thailand's economy likely grew 1.5% on year in 3Q, according to the median estimate of nine economists surveyed by The Wall Street Journal, slowing significantly from 2Q's 2.8% expansion. 3Q GDP growth likely slowed due to heightened domestic political uncertainty and rising external pressures, ANZ's head of Asia research Khoon Goh writes in a report. On a seasonally adjusted quarterly basis, 3Q GDP is expected to have contracted 0.3%, compared with 2Q's 0.6% growth, according to the median estimate of five economists. The data is due on Monday.(amanda.lee@wsj.com)

0649 GMT - The unusually divergent fiscal trajectory in the eurozone is partly reflected in current valuations in government bond markets, rates strategists at Societe Generale say in a note. "Germany is expected to pursue an expansionary fiscal policy in the coming years, in contrast to Italy's continued fiscal consolidation," they say. Diverging fiscal paths support a tight yield spread between Italian BTPs and German Bunds, while politics remains the key driver for French OAT-German Bund yield spreads. "While the market is monitoring this closely, near-term drivers are less about deficit targets and more about the [French] government's survival, renewed political instability, and the risk of new elections," the strategists say. (emese.bartha@wsj.com)

0629 GMT - Rates volatility could pick up again, led by U.S. Treasury rates, as the U.S. government shutdown ends, and economic data could surprise to either direction, Societe Generale rates strategists say in a note. "As the economy reboots, expect most action in dollar rates and keep a preference for U.S. Treasurys over Bunds," they say. Upcoming inflation and job reports are pivotal in shaping market expectations of the Federal Reserve's rate path and could break recent ranges, they say. Eurozone rates should stay in the back seat, with resilient data and a relatively clear European Central Bank path keeping volatility muted, they say. (emese.bartha@wsj.com)

0624 GMT - Singapore's non-oil domestic exports likely rose 9.25% on year in October, according to the median estimate of six economists polled by The Wall Street Journal. That would be higher than September's 6.9% growth. Electronics exports likely remained strong amid U.S. tariff exemptions on these goods and firm AI-related demand, DBS's economics team writes in a report. The data is due Monday. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

November 14, 2025 02:20 ET (07:20 GMT)

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