Bank of Israel: Israel’s January guidance on interest rate cuts remains unchanged.

Bank of Israel: Hopes to avoid the mistake of cutting interest rates "too quickly".

European Central Bank President Lagarde: The European Central Bank must play a role in the climate transition.

European Central Bank President Lagarde: The European Central Bank has not yet reached its target on inflation.

Amazon (AMZN.O): Amazon Cloud Services plans to invest more than $5 billion in Mexico.

Google DeepMind CEO: We hope to restart AI image generation tool development in the next few weeks.

Bank of Israel Governor: Still believes the conflict is limited to the Gaza Strip.

Arm (ARM.O) rose more than 10% during the day.

Bank of Israel Governor: If inflation stabilizes, the Bank of Israel can continue to cut interest rates.

Governor of the Bank of Israel: The Monetary Board assesses that the current monetary policy will continue to support the consolidation of inflation within the target range.

The Governor of the Bank of Israel: Expansionary fiscal policy and its impact as well as restrictions on activity in the construction sector still pose risks to the continued easing of inflation.

Spot palladium fell more than 2.00% on the day and is currently trading at $952.05 per ounce.

According to the Financial Times: Microsoft has reached an agreement with French artificial intelligence startup Mistral, aiming to surpass ChatGPT maker OpenAI.

The United States says it is using artificial intelligence to provide target assistance for air strikes in the Middle East.

Bank of Israel: The conflict has had significant economic consequences for both real economic activity and financial markets, and risk premiums remain high.

Bank of Israel: There is considerable uncertainty about the expected severity and duration of the conflict with Hamas.

Bank of Israel: Indicators of economic activity and employment conditions indicate that the economy is gradually recovering after a sharp decline caused by the outbreak of the conflict.

Bank of Israel: The interest rate path will be determined based on the continued convergence of inflation towards target, continued stability of financial markets, economic activity and fiscal policy.

Bank of Israel: Given the situation, the Monetary Board’s policy focus is to stabilize markets and reduce uncertainty while maintaining price stability and supporting economic activity.