ECB Executive Member Schnabel: Once the balance sheet begins to resume sustained growth, we will begin to provide reserves through new long-term refinancing operations.

ECB Executive Member Schnabel: The size and composition of the new investment portfolio, as well as the pricing and tenor of long-term refinancing operations, will be chosen to minimize its impact on the stance of monetary policy.

ECB Executive Member Schnabel: It remains to be seen whether the spread between the main refinancing rate (MRO) and the deposit facility rate (DFR) is sufficient to effectively restore money market activity.

US President Joe Biden: US Steel (XN) should remain US-owned and domestically operated.

UK Maritime Trade Operations Office: Received a report of an incident 50 nautical miles southeast of Aden, Yemen. An explosion occurred behind the vessel, but the vessel was undamaged and the crew reported safe. The ship is heading to its next destination port.

Shell (SHEL.N) CEO: The global LNG market is expected to grow by 50% or more between now and 2040, driven by growth in Asia.

Shell (SHEL.N) CEO: Shell will consider "bolt-on" acquisitions within existing spending plans.

CEO of German container shipping company Hapag-Lloyd: Based on developments in January/February, we expect that transportation volume will recover to a certain extent in 2024.

CEO of German container shipping company Hapag-Lloyd: We expect that global ship orders will begin to normalize in 2026, and scrapping will increase by then.

Market news: The EU is negotiating to ensure the defense sector has access to critical materials.

Finnish Foreign Minister: EU needs to respond to armed migrants.

CEO of German container shipping company Hapag-Lloyd: In the Red Sea crisis, we must sail faster to cope with the extension of sailing time, but safety comes first.

ECB Chief Economist Lane: We need to see the recovery of the European economy.

Lane, chief economist of the European Central Bank: We think wages are moving in the right direction.

ECB Chief Economist Lane: We must make decisions meeting by meeting and should not look beyond one or two meetings in the future.

CEO of German container shipping company Hapag-Lloyd: The impact of the extended sailing time around Africa due to the Red Sea crisis will be further felt in the first quarter of 2024, although the impact will be smaller in the fourth quarter of 2023.

ECB Chief Economist Lane: We will not over-analyze whether to cut interest rates in April or June.

According to TASS news agency: Russia will summon the Austrian ambassador.

New York Community Bank (NYCB.N): Chief Executive Thomas Canjimi has resigned from the board.

Riden: The inflation results are gratifying and confirm the decline in inflation.