The Kremlin stated regarding the naval exercises between Russia and Iran that it was a pre-arranged planned exercise.

The Russian Ministry of Defense reported that the Russian armed forces struck fuel storage facilities and energy infrastructure targets used by the Ukrainian armed forces within 24 hours.

US Dollar: 1. White House National Economic Council Director Hassett: We believe the Fed still has significant room to cut rates. The New York Fed's tariff research is arguably the worst in Fed history. 2. Fed Governor Bowman: The latest jobs report is somewhat strange; most other indicators do not show such a strong labor market. We remain concerned about the labor market. 3. Fed Meeting Minutes: Further rate cuts are more likely if inflation falls as expected. Several officials supported a two-way interest rate decision description, leaving room for rate hikes when inflation is high. 4. Fed meeting minutes revealed that a "currency check" triggered a dollar depreciation, which was due to the New York Fed acting as a proxy for the Treasury in soliciting prices. Euro: 1. ECB Executive Board member Schnabel believes there is no need for early departure. Japanese Yen: 1. Survey shows two-thirds of companies are concerned about the Japanese government's fiscal discipline. 2. According to a Reuters poll: All 76 economists expect the Bank of Japan to keep its key interest rate unchanged until March. 58% of economists expect the Bank of Japan to raise its key interest rate to 1% by the end of June. 3. According to a Reuters poll, 69% of economists said Japan would intervene in the foreign exchange market to curb the yen's weakness; a USD/JPY move to 160 is likely to trigger intervention. Other: 1. According to Yonhap News Agency, the Bank of Korea warned of continued market volatility and pledged to strengthen monitoring. 2. Reserve Bank of New Zealand Governor Brehman: If pricing behavior adjusts, the economic recovery is much stronger, and it can withstand higher interest rates, we will act and tighten policy sooner. 3. Reserve Bank of New Zealand Assistant Governor Silk: The core scenario is that the easing cycle has ended, with two-way risks. Even with a small rate hike, interest rates will only be near the bottom of the neutral range. 4. South Korea briefly suspended algorithmic trading in the KOSDAQ market due to a significant rise in KOSDAQ 150 futures and the KOSDAQ 150 index. 5. The Reserve Bank of New Zealand has decided to increase the number of annual monetary policy decisions from 7 to 8 starting in 2027. 6. An Indonesian central bank official: Efforts have been made to stabilize the Indonesian rupiah amid negative impacts from global market uncertainty. The Indonesian rupiah is undervalued, which is inconsistent with its fundamentals. The rupiah exchange rate is expected to remain stable with a potential for appreciation in the future. 7. The Governor of Central Bank Indonesia: Looking ahead, we still believe there is room for interest rate cuts, as inflation remains low and economic growth is expected to improve further. However, due to persistent global uncertainty, we will rely on data to make our decisions.