Emerging markets - Thai baht, stocks fall among mixed Asian assets; US inflation in focus

BANGKOK (Reuters): The Thai baht depreciated to a near three-week low on Monday, extending its losing streak into the second week of 2024, after the country's prime minister said rate hikes had not helped the economy and called for interest rate cuts.

Currencies in the rest of the emerging Asian markets started the week largely unchanged while equities were mixed, with investors globally reassessing their U.S. rate cut bets.