Market news: The Thai Cabinet approved a draft budget of 3.75 trillion baht for fiscal year 2025.

Market news: US President Biden and Japanese Prime Minister Fumio Kishida may discuss the Texas bullet train plan.

Bank of Japan Governor Kazuo Ueda: Our current guidance does not commit to keeping the overnight lending rate target at 0-0.1% until a certain condition is met.

The Bahrain Stock Exchange will be closed from April 10 to April 14 local time due to the Eid al-Fitr holiday.

Turkish Ministry of Trade: Türkiye will impose export restrictions on some Israeli products until a ceasefire in Gaza is announced.

Bank of Japan Governor Kazuo Ueda: Long-term yields are basically determined by the market.

BP (BP.N): It expects natural gas and low-carbon energy production to grow slightly in the first quarter.

BP (BP.N): Oil production is expected to increase in the first quarter.

Bank of Japan Governor Kazuo Ueda: There is no need to raise the interest rate on excess reserves like the United States.

BP (BP.N): It expects the depreciation of the Egyptian pound to have an adverse impact of approximately US$20 million.

BP (BP.N): Following strong results in the fourth quarter of 2023, it expects strong growth in gas marketing and trading performance in the first quarter.

BP (BP.N): The oil production and operations division is expected to have an unfavorable impact of $300 million to $600 million this quarter compared to the previous quarter.

BP (BP.N): Net debt is expected to increase in the first quarter, mainly reflecting an increase in working capital.

BP (BP.N): The natural gas and low-carbon energy sectors are expected to have an unfavorable impact of $200 million to $400 million in the first quarter compared to the previous quarter.

BP (BP.N): Upstream production is expected to increase in the first quarter compared to the previous quarter. Compared with the previous quarter, quarterly customer and product segments are expected to be affected.

Bank of Japan Governor Kazuo Ueda: The impact of the March policy shift on bank profits may be limited.

Bank of Japan Governor Kazuo Ueda: Downside risks of large price deviations have been reduced.

Bank of Japan Governor Kazuo Ueda: Another factor to examine is whether service prices will rise, reflecting the impact of rising wages.

Kazuo Ueda, Governor of the Bank of Japan: Our baseline scenario is that trend inflation (currently just below 2%) converges to 2% over the next 1.5 to 2 years. The probability that inflation will fall significantly below our baseline forecast is quite low.