Market news: Indonesia’s domestic car sales in February were 70,656 units.

Market news: Shell (SHEL.N) will cut about 20% of its staff in its trading team in order to save costs.

Volkswagen CEO Oliver Blume: Volkswagen will make a decision on partnerships for affordable electric cars (under 20,000 euros) this year.

Japanese Prime Minister Fumio Kishida: Now is a critical moment to ensure that we get rid of deflation.

Japanese Prime Minister Fumio Kishida: We will do everything possible to promote wage increases in small and medium-sized enterprises.

Japanese Prime Minister Fumio Kishida: We are confirming the transition from a cost-cutting ecology to the next stage.

Japanese Prime Minister Fumio Kishida: Many companies have reported significant increases in wage increases.

Ukrainian source: The attack on Russia has a significant effect.

Danish Prime Minister: Increased military spending will be financed through debt.

Danish Prime Minister: Danish defense spending will reach 2.4% of GDP this year.

CEO of Norwegian oil and gas company Var Energi: Long-term demand for oil and gas will remain high.

Danish Prime Minister: Denmark will spend 2% of its GDP on defense from next year.

Spot palladium rose more than 2.00% during the day and is currently trading at $1,060.64 per ounce.

Danish Prime Minister: Denmark will extend military conscription service.

GBP/USD rose to 1.28, up 0.06% on the day.

Turkish Banker: The Turkish Central Bank’s partial blockade of the lira reserve requirement will squeeze liquidity and push up deposit rates.

Russian Finance Minister Siluanov: Revenue from privatization is expected to reach at least 100 billion rubles in 2024.

Yata, advisor to the Japanese Prime Minister: (When asked whether the wage proposal may push for an end to negative interest rates in March) The government will not interfere with the Bank of Japan’s independent policymaking.