ECB Governing Council Villeroy: Monetary policy is effective.

European Central Bank Governing Council Villeroy: Our goal is to win the battle against inflation without triggering a recession.

European Central Bank Governing Council Villeroy: The impact of interest rate hikes is penetrating into the economy.

European Central Bank Governing Council Villeroy: The economic situation in France and the euro zone is resilient.

European Central Bank Governing Council Villeroy: But we have done the necessary work.

ECB Governing Council Villeroy: I support a smaller rate hike.

Market news: Philippine President Marcos is negotiating a defense treaty with the United States and Japan.

European Central Bank Governing Council Villeroy: The change in the pace of interest rate hikes is an important signal.

According to Kyodo News: After the earthquake, no abnormalities were found in the Kashiwazaki Kariwa Nuclear Power Station in Japan.

World Gold Council: Gold demand rose 1% to 1,174 tons in the first quarter.

World Gold Council: Affected by economic concerns, gold demand will remain strong in 2023.

World Gold Council: Gold demand in India fell by 17% to 112.5 tons in the first quarter.

The monthly rate of manufacturing orders in Germany after seasonal adjustment in March was -10.7%, expected -2.2%, and the previous value was 4.80%.

IMF Pakistan task force leader: The IMF will continue to work with the Pakistani authorities to complete the 9th review after the necessary financing is in place and the agreement is finalized. The IMF will support the authorities in implementing policy in the period ahead, including technical work to prepare the FY2024 budget.