Fed Williams: It may take a year or two to feel the peak effect of monetary policy.

Fed Williams: Fighting inflation is still the main task of the Fed.

Hang Seng Index futures closed down 0.34% in night trading, at 18956 points, 154 points below water.

Petrobras said it was preparing a dividend policy proposal.

The White House: President Joe Biden believes it is important to find out about the cocaine discovery in the White House.

Threads, a social app that rivals Twitter, now shows that it will be released today (Wednesday) local time in the United States.

The White House press secretary, when pressed for more details on the cocaine discovery inside the White House, said the president and first lady were not here that weekend, nor were their families.

White House: We will continue to monitor the situation at the Ukrainian nuclear power plant.

White House: U.S. in touch with Israeli officials.

US White House asked about Israeli attack on Jenin: rebuilding civilian infrastructure is critical.

ROOT CAPITAL plans to raise $400 million for Brazil distress fund.

OPEC ministers agreed to continue consultations with non-OPEC members in an ongoing effort to support a stable and balanced oil market.

OPEC energy and oil ministers met on the sidelines of the eighth OPEC Symposium to deliberate on market conditions.

Spot gold was pushed to a session low at $1,916 an ounce after the release of the Fed minutes, while the U.S. dollar index DXY rose to a session high, up 0.3%.

Joe Gilbert, portfolio manager at Integrity Asset Management: The minutes of the Fed meeting showed how "fragile" the pause by Fed officials was last month.

["Almost all" Fed officials agreed to pause interest rate hikes in June] The minutes of the Fed meeting showed that Fed officials unanimously agreed to keep interest rates unchanged at the June meeting to buy time and assess whether further interest rate hikes are needed, although most members expect the eventual Policy needs to be tightened further. While "some participants" wanted a rate hike in June because of slow progress in curbing inflation, "virtually all participants felt that maintaining" the current fed funds rate of 5% to 5.25% was appropriate or acceptable. “Most participants felt that keeping the target range unchanged at this meeting would give them more time to assess progress in the economy,” moving toward the goal of restoring inflation to 2 percent from more than double its current level.

US President Biden: Looking forward to Sweden joining NATO.

【Fed Minutes: Uncertainty over the outlook for cash parked at the Fed】Fed staff told policy makers their expectation was that quantitative tightening would still leave banks ample reserves by the end of the year, according to the minutes of the Fed meeting gold. They did note, however, that the prospect of whether money market funds in reserves and reverse repurchase facilities will continue to park cash at the Fed is highly uncertain.