Japanese Prime Minister Fumio Kishida: Wage increases for small and medium-sized enterprises are crucial.

Japanese Prime Minister Fumio Kishida: He hopes to ask companies for greater wage increases this year.

Japanese Prime Minister Fumio Kishida: Wage growth needs to exceed prices to achieve a virtuous cycle.

U.S. and Burundi oil prices rose by $0.6 in the short term, now trading at $73.24/barrel and $78.16/barrel respectively.

British Ministry of Defense: Ukraine has largely prevented the Russian Black Sea Fleet from operating in the western Black Sea. Market sentiment was supported by a UK-brokered joint facilities insurance package that lowered premiums and announcements by Turkey, Romania and Bulgaria of forming naval mine countermeasures forces.

The schedule released by the Japanese Cabinet Office shows that Japan’s Economic Revitalization Minister Yoshitaka Shindo does not currently plan to attend the Bank of Japan meeting. USD/JPY has little short-term fluctuations, reporting at 148.09.

Kremlin: (Asked about former US President Trump’s remarks on the conflict in Ukraine) No contact with Trump on this issue.

Kremlin: Ukraine’s use of non-precision weapons to attack civilians in Donetsk shows the evil side of Kiev.

NZD/USD fell back below 0.61, down 0.26% on the day.

According to Nikkei: ANA will add new routes to three European cities before the end of fiscal year 2024.

The baseload electricity price in Germany for the next day was 55 euros/MWh, an increase of 44.7% from the price delivered on Monday.

According to the Times of Israel: German Foreign Minister Berberk said before attending a meeting of EU foreign ministers that a "two-state solution" that allows Israelis and Palestinians to coexist peacefully is the "only way" to resolve the current conflict.

According to Ukrainian Pravda: Ukrainian President Zelensky announced that he will propose a law on multiple citizenships to parliament on January 22. This would allow all ethnic Ukrainians and their descendants living in different countries around the world to retain Ukrainian citizenship, but this would not apply to citizens of the “aggressor state.”

UBS: The palladium supply glut is expected to persist in the next few years, with a modest surplus of 50,000 ounces expected to be 0.5% of demand.

According to Ukrainian Pravda: Ukrainian naval ships remaining in Sevastopol will be scrapped instead of being requisitioned into the Russian Black Sea Fleet. After 2014, approximately 20 Ukrainian ships remained in Crimea.

UBS: Platinum price is expected to reach $1,025 per ounce by the end of 2024.

UBS: We expect platinum to outperform palladium, with platinum prices rising slightly this year and palladium prices falling further.

Dutch public transport company GVB: Most trams in Amsterdam are out of service due to a power failure.