ECB Governing Council member Nagel: Inflation issues still need to be resolved. Need to wait for data to decide policy.

Bill Gates calls on countries to allocate 0.7% of GDP to aid.

ECB Governing Council member Nagel: Will monitor the impact of the U.S. election on the market.

Market News: EU lawmakers approve new rules to harmonize stock trading data.

Market news: Poland reached an agreement with truck drivers to end protests on the Ukrainian border.

The U.S. Central Command stated: This is the first time that advanced conventional weapons provided by Iran to the Houthi armed forces have been seized since the Houthi armed forces launched an attack on a merchant ship in November.

Market news: The U.S. Central Command seized Iranian weapons destined for the Houthis on January 11.

Prime Minister of Ukraine: As of January 16, Ukraine’s natural gas reserves were 11.3 billion cubic meters.

A Bank of America survey shows optimism in U.S. stocks is at its highest level since 2021.

European Commission President von der Leyen: Ukraine needs continued arms supplies and capabilities to deter future Russian attacks.

European Commission President von der Leyen: Ukraine can win, but we must continue to support their resistance. Ukraine needs predictable financing into 2024 and beyond.

According to Politico: U.S. lawmakers reach agreement on child tax credit and corporate tax.

Shares of Boeing supplier Spirit AeroSystems (SPR.N) fell 5.1% in premarket after the U.S. Federal Aviation Administration (FAA) extended the grounding of Boeing 737 Max 9 for safety inspections.

Iraqi Kurdish leader Barzani: (When asked who Iran’s attacks are targeting) So far, all we have seen are innocent civilians being attacked.

Iraqi Kurdish leader Barzani: All Iranian accusations are baseless. We hope the federal government will take all necessary steps to prevent future attacks.

Iraqi Kurdish leader Barzani: What is surprising is that we are not part of this conflict and we do not know why Iran is retaliating against civilians in Erbil.

Iraqi Kurdish leader Barzani: We believe terrorism is not over and instability still exists.

USD/CAD hit 1.35, up 0.55% on the day.