News

According to AFP: Canadian Prime Minister Carney has received an invitation from US President Trump to join the Gaza Strip Peace Council, and he plans to accept the invitation.

According to Syrian security sources and Turkish defense sources, U.S.-led coalition warplanes flew over northern Syria, where fighting was taking place between Syrian government forces and Kurdish forces.

According to CNN: The Trump administration has quietly abandoned plans to merge the Bureau of Alcohol, Tobacco, Firearms and Explosives into the Drug Enforcement Administration after objections from gun rights and gun control groups.

The Turkish Presidential Office said that US President Trump sent a letter inviting Turkish President Erdogan to become a founding member of the Gaza Peace Council.

Iran's Supreme Leader Ayatollah Ali Khamenei: Those linked to Israel and the United States have caused massive damage and killed thousands during protests.

Iran’s Supreme Leader Ayatollah Ali Khamenei: Iran holds US President Trump responsible for the casualties, losses and defamation caused to Iranians during the protests.

Russian Ministry of Defense: Russian troops have taken control of Priluki in the Zaporozhye region of Ukraine.

Fed Vice Chairman Jefferson: Regarding labor supply, immigration policy has slowed down the overall growth of the labor force.

Fed Vice Chairman Jefferson: The labor market is slowing as the overall economic environment becomes more uncertain.

U.S. stocks closed with the Dow Jones Industrial Average closing down 0.17%, the S&P 500 Index closing down 0.06%, and the Nasdaq Composite Index closing down 0.06%. Novo Nordisk (NVO.N) closed up 9%, Micron Technology (MU.O) closed up 7.7%, Advanced Micro Devices closed up 1.7%, and Cordair Mining closed up 6%. The Nasdaq China Golden Dragon Index closed down 1.15%.

U.S. Commodity Futures Trading Commission (CFTC): COMEX copper speculators reduced their net long positions by 4,721 lots to 62,175 lots in the week ended January 13.

U.S. Commodity Futures Trading Commission (CFTC): CBOT soybean speculators held a net short position of 16,388 lots in the week ended January 13, a decrease of 38,287 lots during the week.

U.S. Commodity Futures Trading Commission (CFTC): CBOT corn speculators’ net short position increased by 75,221 lots to 201,335 lots in the week ended January 13.

U.S. Commodity Futures Trading Commission (CFTC): The net short position of CBOT wheat speculators decreased by 4,073 lots to 105,576 lots in the week ended January 13.

U.S. Commodity Futures Trading Commission (CFTC): The net short position of ICE cotton speculators decreased by 454 lots to 50,638 lots in the week ended January 13.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended January 13, the net short position of ICE sugar speculators increased by 10,433 contracts to 181,188 contracts.

Fed Vice Chairman Jefferson: The current policy stance puts us in a good position to determine the magnitude and timing of adjustments to policy rates.

Fed Vice Chairman Jefferson: He does not want to prejudge the January interest rate decision.

Fed Vice Chairman Jefferson: It is good to see an increase in the use of standing repurchase agreement operations when it makes economic sense.

Fed Vice Chairman Jefferson: Some upside risks still exist, but inflation is expected to return to 2%.