News

Japan's unemployment rate for January is due in ten minutes.

Iran's Islamic Revolutionary Guard Corps: A new round of attacks on the Arifjan base in Kuwait was successful. 10 drones hit the target and destroyed multiple facilities. Many U.S. Marines are expected to have been killed in the attack.

Australia's S&P/ASX200 index opened down 21.80 points, or 0.24%, on Tuesday, March 3, to 9179.10 points.

RBA Chairman Bullock: The rise in the Australian dollar reflects interest rate differences.

Reserve Bank of Australia Chairman Bullock: If the labor market continues to be tight, the unemployment rate will likely need to rise to curb inflation.

Market news: AMD’s MI325 chip will be included in the US AI accelerator export restrictions.

U.S. State Department official: The U.S. State Department calls on Americans to "immediately leave" more than a dozen countries in the Middle East.

New Zealand's monthly building permit rate in January was 1.9%, with the previous value revised to -4.5% from -4.60%.

According to Nikkei: Japan’s crude oil reserves are enough for 254 days. If the blockade of the Strait of Hormuz continues, Japan may release its crude oil reserves to stabilize domestic supply.

An internal memo shows that the U.S. State Department switched the model used for its internal chatbot from Anthropic to OpenAI.

PayPay and SoftBank Group are seeking to raise up to $1.1 billion through a U.S. IPO.

Reserve Bank of Australia Chairman Bullock: The gap between potential demand and supply capacity in the economy is wider than we previously assessed.

RBA Chairman Bullock: The Board remains focused on returning inflation to its target, and economic data since raising interest rates in February supports this move.

Reserve Bank of Australia Chairman Bullock: The situation in the Middle East is a reminder of geopolitical uncertainty. Supply shocks may exacerbate inflationary pressures, but long-term shocks may also have an adverse impact on global economic activity.

Reserve Bank of Australia Chairman Bullock: The Reserve Bank of Australia is not sure whether financial conditions have tightened enough to return inflation to the middle of the target range within a reasonable time.

Reserve Bank of Australia Chairman Bullock: A large part of the unexpected rise in inflation is specific to certain industries and is likely to ease.

RBA Chairman Bullock: A series of indicators point to tight labor market conditions.

Reserve Bank of Australia Chairman Bullock: We believe we are in a good position in terms of policy to respond when necessary.

U.S. Secretary of State Rubio: The U.S. military’s most violent attack on Iran is yet to come, and Iran’s most difficult moment is yet to come.

U.S. Secretary of State Rubio: A plan will be implemented to offset energy costs.