Bank of Japan member Naoki Tamura: Even if the Bank of Japan abandons negative interest rates, it does not mean monetary tightening or rate hikes because monetary conditions will remain loose.

Bank of Japan member Naoki Tamura: Ending negative interest rates is an option when the time is right.

Naoki Tamura, member of the Bank of Japan: The time to exit the easing policy cannot be too late, nor too early.

Bank of Japan member Naoki Tamura: It takes a little time to judge the price target.

Bank of Japan member Naoki Tamura: The key is to take timely policy actions based on the actual situation.

Bank of Japan member Naoki Tamura: Decisions must be made based on data.

Bank of Japan member Naoki Tamura: Price trends have an uncertain outlook.

Sechin, President of Rosneft, a Russian oil company: Production cuts have limited the company’s potential.

According to a Reuters reporter, gunshots were heard in the Gabonese capital Libreville.

National Hurricane Center: Catastrophic storm surges and damaging winds are expected in Big Bend, Florida, when Hurricane Idalia makes landfall this morning.

National Hurricane Center: Hurricane Idalia is about 185 miles (300 kilometers) south of Tallahassee, Florida; maximum sustained winds are 110 mph (175 km/h).

National Hurricane Center: "Idalia" winds are still strengthening and are expected to reach Category 4 strength when it makes landfall.

Philippine stocks rose as much as 1% on the day.

According to Infomax, a subsidiary of Yonhap News Agency: South Korea plans to issue up to US$1.3 billion in foreign currency bonds in 2024.

The Nikkei 225 rose 1%.

USGS: 5.5-magnitude earthquake hits Panama.

National Hurricane Center: "Idalia" is expected to form a severe tropical storm tonight, and there may be catastrophic storm surges and damaging winds when it makes landfall tomorrow morning.

Naoki Tamura, member of the Bank of Japan: The biggest key to the outlook for monetary policy is whether Japan can achieve a positive cycle of wages and inflation.

Bank of Japan member Naoki Tamura: If we see speculative actions that deviate from fundamentals and sharp fluctuations in the exchange rate, the Bank of Japan will take measures such as increasing bond purchases to curb excessive rises in interest rates.