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Asian markets were mostly steady after the Bank of Thailand kept rates at 1.00%, with the baht near 32.72 per dollar. Oil fell more than 2% after Iran and Oman restarted talks on a navigational corridor through the Strait of Hormuz.
Lower crude weakens the energy cost pass-through to feed and freight, and it reduces the chance of rate hikes that would strengthen the dollar. The move is a short-term market reaction.
finimize.comFinimize NewsroomAug 26, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
