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The Bank of Thailand reported a record April current account deficit of US$7.6 billion, surpassing the 2013 peak of US$4.1 billion. The central bank views the deficit as temporary, citing high oil prices and weaker tourism revenue, while some economists warn of structural weakness.
The deficit highlights energy import pressure on Thailand's external balance and currency, a macro factor with limited direct effect on feed commodity prices.
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.