European Central Bank President Lagarde: Underlying inflation has generally declined.

European Central Bank President Lagarde: The next few months will help us form a clearer picture.

European Central Bank President Lagarde: The latest data shows that wages are growing in a direction consistent with inflation reaching a level that is compatible with the situation.

European Central Bank President Lagarde: We are paying attention to wages, profit margins and productivity growth. The latest wage data points in an encouraging direction, and service sector inflation is likely to remain high for most of the time.

European Central Bank President Lagarde: Profit compression has allowed wages to catch up without causing further inflation.

European Central Bank President Lagarde: We will have to continue to rely on data.

European Central Bank President Lagarde: We need to move further along an anti-inflation path.

COMEX silver futures fell below $25 per ounce, down 0.56% on the day.

European Commission Vice President and "Foreign Minister" Borrell: 90% (of the frozen Russian asset income) will be distributed through peace facilities, and 10% will be distributed through the EU budget.

European Commission Vice-President and "Foreign Minister" Borrell: Proposal on frozen income from Russian assets.

Swiss Financial Market Supervisory Authority: Increase staffing to assist with the integration of Credit Suisse (CS.N) and UBS (UBS.N), address related risks and learn lessons from the Credit Suisse crisis.

The U.S. dollar index DXY stood at 104, up 0.18% on the day.

Swiss Financial Market Supervisory Authority: It plans to conduct 40 on-site supervisory reviews in 2023 across all business units of UBS (UBS.N) in Switzerland and abroad; it will also conduct two stress tests.

Brent crude oil hit $86 per barrel, down 0.65% on the day.

Swiss Financial Market Supervisory Authority: Supervision after the merger of Credit Suisse (CS.N) with UBS (UBS.N) mainly focuses on risks in the integration process and operational stability, capital and liquidity planning, and its conduct.

Danish Central Bank: Danish GDP is expected to grow by 2.4% in 2024, 1.4% in 2025, and 1.3% in 2026.

Danish Bank: We believe that by raising interest rates, monetary policy has suppressed economic activity enough to keep inflation stable.

Danish Bank: We believe that the fiscal policy planned by the government is suitable for the economic situation.

The Swiss Financial Market Supervisory Authority (FINMA): Plans to conduct two stress tests on UBS Group AG in 2024.