After the ceasefire between the United States and Iran, Nomura suggested adjusting the interest rate trading in Thai Baht.

Nomura strategist Nathan Sribalasundaram stated in a report that after the ceasefire between the US and Iran, Nomura advises shifting its Thai Baht interest rate trades from the two-year tenor to the five-year tenor of the yield curve; it is expected that this ceasefire will ease oil prices and provide support for Asian rates. The weak macroeconomic environment in Thailand, along with the possibility that the Thai central bank may be reluctant to make aggressive responses to oil-driven inflation, both point to risks leaning towards lower interest rates; the company has raised its confidence level in the five-year tenor trades to 4/5, closed out its two-year positions, and reduced its US hedge position to 50%.