Bank of Japan review member Nakamura Toyaki: Important companies are improving their profitability to achieve wage growth.

Bank of Japan review member Nakamura Toyaki: He believes there is a once-in-30-year opportunity to achieve price stability.

Bank of Japan review member Nakamura Toyaki: Now is not the time to decide on policy adjustments.

Bank of Japan review member Nakamura Toyaki: Rather than rushing to change policy, it is better to remain cautious.

Bank of Japan review member Nakamura Toyaki: I don’t know what will happen in the spring wage negotiations.

National Bank of Canada Wealth Management (NBF): The U.S. core PCE price index is likely to increase by 0.2% month-on-month in October, which should push the annual rate down by 0.2 percentage points to 3.5%. While this reading is still high, it would be the lowest level observed in 30 months.

Bank of Japan review member Nakamura Toyaki: We hope to review the profitability of companies when judging policy changes.

Bank of Japan review member Nakamura Toyaki: Will pay attention to the upcoming Ministry of Finance quarterly business confidence survey data from July to September as one of the important data to assess whether conditions for policy change are mature.

Bank of Japan review member Nakamura Toyaki: It will still take time to abolish yield curve control (YCC) and negative interest rates.

Fitch: Asia-Pacific coal producers are well positioned.

ANZ: Oil prices are expected to fluctuate between US$85 and US$90 in the first half of next year.

Indonesia’s upstream oil and gas investment in 2023 is expected to exceed the target and is expected to reach US$13.8 billion.

According to the British Financial Times: International Atomic Energy Agency Director General Grossi urged world powers to restart negotiations with Iran.

ANZ: The OPEC+ production reduction agreement is expected to last throughout 2024.

ANZ: Saudi Arabia is expected to maintain voluntary production cuts of 1 million barrels per day at least in the first quarter of 2024.

ANZ: Global iron ore supply is expected to decline this year, with a market gap of approximately 40 million tons.

According to Nikkei: Toyota will suspend production of minivans until Friday morning local time.