British Defense Secretary: There is no doubt that the Iranians are helping the Houthis, including providing guidance for attacks in the Red Sea region.

According to the Financial Times: British Prime Minister Sunak announced legislation to overturn previous convictions of victims of the "postal scandal".

Ukrainian President Zelensky: We have received no pressure from our partners to stop or suspend the conflict.

Ukrainian President Zelensky: Ukraine lacks a modern air defense system, which is the biggest shortcoming.

Nvidia (NVDA.O) U.S. stocks rose 1.4% before the market opened, after TSMC reported fourth-quarter revenue that exceeded expectations.

British Prime Minister Sunak: Victims previously affected by the "British Postal Scandal" will receive an advance payment of 75,000 euros.

British Defense Minister: My understanding is that British ships in the Red Sea have been targeted and related shipping has been generally attacked.

British Defense Secretary: Red Sea situation is "unsustainable".

London Metal Exchange (LME): The LME is actively monitoring the trading order in the Russian metals market and we have noticed that Russian metals continued to flow through the warehousing network in December.

Palestinian President Mahmoud Abbas met with U.S. Secretary of State Antony Blinken and urged the need for an international peace conference, a Palestinian statement said.

The MBA mortgage application activity index in the United States for the week ending January 5 was 190.6, from the previous value of 173.5.

Palestinian President Mahmoud Abbas told U.S. Secretary of State Antony Blinken that Gaza is vital to Palestinian statehood and cannot be cut off.

Bitcoin hit $45,000 per coin, down 1.31% on the day.

The yield on German 2-year government bonds rose 2.3 basis points during the day to 2.632%, the highest level since December 13.

Market news: Turkey’s antitrust agency fined Meta more than 140 million liras.

Market News: U.S. Secretary of State Antony Blinken and Palestinian President Abbas had a fruitful discussion on administrative reforms, and the United States supports Palestinian state-building steps.

JPMorgan currency strategists said that despite lingering uncertainty, the dollar has fully priced in the prospect of lower inflation, so it makes no sense to expect further dollar weakness. "The onus remains on the data to substantiate this narrative, which is why we see little value in chasing dollar declines while growth and yields remain challenged outside the U.S.," they said in a note. JPMorgan maintained its bullish bias on the U.S. dollar, expecting the U.S. dollar to rise, and said the U.S. dollar could strengthen if markets reassess expectations of a rate cut by the Federal Reserve this year.

Reuters survey: The U.S. 10-year Treasury bond yield is expected to be 3.93% in the next six months and 3.75% in the next year (the expectations in December last year were 4.10% and 3.88% respectively).

Boeing (BA.N) turned positive before the market opened and was up 0.3%.

According to AFP: US officials said that US Secretary of State Blinken will make a surprise visit to Bahrain.