Thai stocks listed in Singapore are down 3-6% - not too severe really, while the uncertainty remains over the outcome of this coup.
Place to watch is the THB interest swap curve - currently offshore implied 10yr THB IR swap is trading 55bp over yesterday BKK close - this is where the pain will be felt most as investors bail out of the debt market.
Historical FIDF Quoted Yields
Fitch, S&P and Moodys all put Thailand on watch for possible negative downgrade.
THB firms slightly from 37.80 NY close - now trading 37.72.
So far reaction is pretty well contained and little spill over into other asian economies.