News

Market News: Governor Hochul of New York State in the United States declared a state of emergency across the state due to the storm.

Ukraine has stated that the United States will provide $400 million in humanitarian aid for the energy sector.

According to the British Financial Times: The United States has threatened to cut off the supply of U.S. dollars to Iraq if it does not curb pro-Iraqi armed forces.

U.S. natural gas futures extended gains to 3.00% on the day, currently trading at $5.200 per million British thermal units (MMBtu).

According to Politico, the EU and the US are discussing an $800 billion fund for Ukraine's post-war reconstruction. The EU and the US are also exploring a 10-year "prosperity plan" for Ukraine, which explicitly includes a path to Ukraine's EU membership.

Ukrainian military: has attacked a Russian oil depot in the Penza region.

Canada’s retail sales in November were 1.3% month-on-month, which was expected to be 1.2%. The previous value was revised from -0.20% to -0.3%.

Canada's core retail sales in November were 1.7%, expected to be 1.2%, and the previous value was -0.60%.

Canadian retail sales for November will be released in ten minutes.

According to US media MS NOW: US President Trump’s administration plans to deport at least 40 Iranians, and Iranian repatriation flights will depart as early as Sunday.

Market news: The EU and Ecuador completed negotiations on a sustainable investment agreement.

According to Politico: U.S. Army Secretary Dan Driscoll has arrived in the United Arab Emirates to meet with U.S. Special Envoy for the Middle East Witkov and Trump's son-in-law Jared Kushner.

Central Bank of Russia: Russia’s trade surplus in November was US$6.795 billion.

Central Bank of Russia: Russia’s imports in November were US$26.085 billion.

Central Bank of Russia: Russia exported US$32.88 billion in November.

French Finance Minister: All signs point to economic growth in 2025 being closer to 0.9% than the 0.7% we previously expected.

ICE London cocoa futures fell more than 8% to 2,940 pounds per metric ton.

Market news: A Russian drone attacked a civilian car in the Kharkiv region, killing two people.

The Reserve Bank of India: It will purchase 500 billion rupees of government securities in two phases on February 5 and February 12 for open market operations.

The Reserve Bank of India: It will launch a 90-day variable rate repo (VRR) operation of 25,000 billion rupees on January 30.