Indonesia said it had reached an agreement with Vale (VALE.N) on the price of the stake sale.

According to RIA Novosti: The Ukrainian ambassador said that Kiev will purchase fifth-generation KAAN fighter jets from Turkey.

According to AFP: Ukrainian generals say fierce fighting is breaking out in the Avdiivka region.

Mahindra and Volkswagen sign supply agreement with total capacity of 50 GWH.

ANZ: Strong industrial and investment demand will push silver prices above $25 an ounce in the second half of 2024.

Bank of Japan Governor Kazuo Ueda: We expect wages in fiscal 2025 to be slightly higher than our inflation forecast.

Bank of Japan Governor Kazuo Ueda: Real wages are expected to gradually turn positive.

European Central Bank Governing Council member Villeroy reiterated the basic scenario of an economic slowdown but no recession, followed by a recovery.

ECB Governing Council member Villeroy: Although wage data is useful, it lags behind, and more forward-looking data needs to be considered when making interest rate decisions.

European Central Bank Governing Council member Villeroy: We have a lot of room for adjustment in cutting interest rates, and we do not necessarily need to return to loose monetary policy.

ECB Governing Council member Villeroy: There are several reasons why we shouldn’t wait too long for the first rate cut.

European Central Bank member Villeroy: There are still questions about the specific timetable for interest rate cuts.

European Central Bank member Villeroy: In my opinion, the principle of cutting interest rates this year is inevitable.

Bank of Japan Governor Kazuo Ueda: The impact of past increases in import costs may further weaken.

Japanese Finance Minister Shunichi Suzuki: It is difficult to single-point the factors leading to the weakness of the yen.

Japanese Finance Minister Shunichi Suzuki: Foreign exchange rates are determined by various factors in the market.

Bank of Japan Governor Kazuo Ueda: If the prospects come true, Japan will not fall into deflation.

According to Ukrainian Pravda: Ukraine received a package of military aid worth 100 million euros from Germany, including transportation equipment and drone shells.

According to Ukrainian Pravda: Germany has begun providing military aid worth 100 million euros to Ukraine.

According to RIA Novosti: Russian air defense forces shot down five Ukrainian drones overnight.