Bank of Japan review member Junko Nakagawa: We can foresee that the Japanese economy will achieve a positive wage inflation cycle.

Bank of Japan review member Junko Nakagawa: Inflation expectations may gradually increase to a level consistent with our price target.

Junko Nakagawa, a member of the Board of Review of the Bank of Japan: There are clear signs of changes in the attitude of companies towards wages.

Bank of Japan review member Junko Nakagawa: If we judge that the price target can be sustained and achieved, we will decide whether to adjust yield curve control (YCC), risk asset purchases and other policy measures.

Junko Nakagawa, a review member of the Bank of Japan: I hope to judge policies without bias.

Japan Federation of Trade Unions (UA Zensen): Full-time worker wages increased by 6.7%.

Australia and Vietnam jointly stated: We will continue to expand cooperation in the energy and resources fields, including increasing trade and investment.

Australia and Vietnam have reached an agreement on a comprehensive strategic partnership, with the two countries agreeing to upgrade diplomatic relations.

[NVIDIA’s stock price reaches a new high, and one director sells 200,000 shares to cash out about US$170 million] As NVIDIA’s (NVDA.O) stock price has soared 79% this year, more directors of the company are choosing to cash out. Regulatory documents filed on Wednesday showed that Nvidia director Tench Coxe sold 200,000 shares on March 5 at prices between $850.03 and $852.50 per share, cashing out a total of about $170 million. Nvidia rose 3.18% to close at $887 on Wednesday, hitting another all-time high and rising for the fifth consecutive day. Its current market value is $2.2 trillion.

USD/JPY fell 20 points short-term to a one-month low of 149.08, down 0.2% on the day.

Japan bought 517.2 billion yen of foreign stocks in the week to March 1, compared with the previous value of 225.9 billion yen.

In Japan, foreign investors bought 572.5 billion yen of Japanese bonds in the week to March 1, compared with the previous value of -19 billion yen.

Japan purchased 484.6 billion yen of foreign bonds in the week to March 1, compared with the previous value of -257 billion yen.

[Spot Price] News on March 7, 2024, an overview of the rise and fall of three-yuan pig prices across the country today

[Spot Price] News on March 07, 2024, today’s overview of the rise and fall of ternary pig prices across the country

The annual rate of overtime wages in Japan was 0.4% in January, compared with -0.7% in the previous month.

The Senegalese government announced that presidential elections will be held on March 24.

U.S. President Joe Biden will request a 1% increase in the 2025 defense budget within the cap.

According to Japan’s Mainichi Shimbun: Japan’s ruling party will reach an agreement on fighter jet exports.

The U.S. Central Command stated that the Houthi armed forces attacked the "True Confidence" merchant ship on the 6th, killing three people, injuring at least four others, and severely damaging the ship.