European Central Bank Governing Council member Villeroy: The European Central Bank is more cautious than the market regarding interest rate cuts.

ECB Governing Council member Villeroy: We are paying attention to geopolitical risks and must be pragmatic.

ECB Governing Council member Villeroy: Anchoring inflation expectations is a key achievement.

ECB Governing Council member Villeroy: Regarding any decision to cut interest rates, we should not act hastily, we should remain patient.

European Central Bank Governing Council member Villeroy: The European Central Bank has achieved its soft landing goal and Europe has not fallen into recession.

ECB Governing Council Member Villeroy: If we decide to cut interest rates, we must ensure that the inflation outlook is stable at around 2%.

ECB Governing Council member Villeroy: Our interest rate cuts are not driven by time, but by data.

The ZEW economic conditions index for the Eurozone in January was -59.3, compared with the previous value of -62.7.

The Australian dollar AUD/USD fell back below 0.66, down 0.89% on the day.

German think tank ZEW: Rising inflation in Germany and the euro zone in December had no impact on survey respondents’ monetary policy expectations.

German think tank ZEW: U.S. interest rate expectations have changed more significantly, with more than two-thirds of respondents predicting that the Federal Reserve will cut interest rates in the next six months.

German think tank ZEW: This is because more than half of the respondents now believe that the European Central Bank will cut interest rates in the first half of the year.

German think tank ZEW: German economic expectations are improving again.

CEO of the Caspian Oil Pipeline Consortium: The Caspian Oil Pipeline is now loading oil.

Official sources said that Polish President Duda may meet with Ukrainian President Zelensky in Davos.

Spot palladium fell 2.00% on the day and is now at $952.01 per ounce.

According to Japan Broadcasting Association NHK: An earthquake occurred in Ishikawa Prefecture, Japan, with a weak magnitude of 5 in Japan. No tsunami warning was issued after the earthquake.

Japan Meteorological Agency: An earthquake occurred in the Noto Sea area of Japan at 18:42:12 Japan time.