Fitch: It is expected that leveraged financing default rates in Europe and the United States will continue to rise in 2024.

The Hong Kong Monetary Authority provided HK$120 million in liquidity to banks through the discount window.

Market news: Japanese Finance Minister Shunichi Suzuki will visit Sri Lanka from January 11th to 12th.

Spokesperson of the German Economy Ministry: The German Economy Minister will visit Oman, Saudi Arabia, Israel and the West Bank.

French Finance Minister Bruno Le Maire: France needs to find measures to save 12 billion euros in 2025.

French Finance Minister Bruno Le Maire: France’s economic growth is expected to accelerate this year.

French Finance Minister Bruno Le Maire: The inflation rate is expected to be below 3% in the first half of this year.

Brent crude oil hit $77 per barrel, down 2.28% on the day.

UK Maritime Trade Operations Office (UKMTO): Received reports of two small boats approaching a commercial vessel approximately 50 nautical miles southeast of Mocha, Yemen. No weapons have been found and the vessel and crew are reported safe.

Sri Lanka’s Energy Minister: Discussed potential energy sector investments and partnerships with the French Ambassador.

Market News: The British Navy received reports of small vessels approaching merchant ships.

Jeff Currie, former head of commodities research at Goldman Sachs: The COP28 climate negotiations were successful for commodities.

Russian Ambassador to India: We aim to stimulate business relations by inviting Indian entities to explore the Russian market.

Jeff Currie, former head of commodities research at Goldman Sachs: My favorite commodity right now is copper. Copper demand growth is strong and inventory levels are low.

German Foreign Minister: Israel has a responsibility to protect Palestinians in the West Bank.

Jeff Currie, former head of commodities research at Goldman Sachs: There will be a bullish scenario for commodities in 2024.

Jeff Currie, former head of commodities research at Goldman Sachs: Oil demand is at a record high, and inventories and idle capacity are at low levels.