New Zealand Reserve Bank Chairman Orr: The slow decline in service sector inflation has delayed the timing of interest rate cuts.

New Zealand Reserve Bank Governor Orr: I am confident that the annual consumer price index will return to target by the end of 2024.

New Zealand government bond yields rose across the board, with the 2-year yield rising 9 basis points on the day.

Cynthia Bowman, a retired Bank of America veteran, has been hired by Apple as CEO of its new diversity division.

Reserve Bank of New Zealand: Domestic inflation fell slower than expected, and overall consumer price index inflation remained above the target range set by the committee.

Yonhap News Agency: An official from the South Korean presidential office said that the position that the short-selling ban will not be lifted until a system to prohibit illegal short-selling is established has not changed.

According to the Associated Press: The Iowa State Patrol confirmed that the tornado has caused multiple deaths.

New Zealand Ministry of Defense: Defense spending will be cut by 6.6% in 2024-2025.

U.S. official: U.S. plans to establish domestic rare earth supply chain to meet defense needs by 2027.

Reuters poll: Nikkei 225 index is expected to rise 4.6% to 40,750 points by the end of 2024 (39,000 points in February survey).

Argentine President Milley: Argentina will implement dollarization after the US dollar currency competition.

Argentine President Mille: Will veto bills that threaten fiscal surplus.

Morgan Stanley: Gold risks continue to be tilted to the upside.

According to people familiar with the matter: The Irish government will announce its recognition of the State of Palestine on Wednesday.

Argentine Economy Minister Caputo: Argentina is moving towards "currency competition" and the US dollar and the peso will circulate at the same time.

Argentine Economy Minister Caputo: It would be "inappropriate" to lift capital controls now.

Argentine Economy Minister Caputo: The Argentine peso is not overvalued.