Asia: What to Expect in Asia Next Week

The Thailand tourist arrival data will be kind of looking strong, but considering the seasonality, we need to interpret that data is weaker than the previous month. We still think that the recovery itself will continue to the latter half of this year, but the speed will be a little bit slower in the coming data. So as for the BI, we expect the BI to stay on hold for the sixth consecutive meeting. Further out, of course, we only expects the BI to cut in March at 2024.