Hang Seng Index futures closed up 0.21% in night trading at 16,407 points, a 79-point premium.

Citi CEO Fraser said in prepared testimony that macroeconomic factors are expected to lead to a recession.

JPMorgan Chase CEO Dimon: The Basel capital proposals could "fundamentally change the U.S. economy in ways that have never been studied or considered by the Federal Reserve."

According to prepared testimony, JPMorgan CEO Dimon will urge lawmakers and regulators to consider the impact of "arbitrary and unstudied regulatory proposals" on credit.

Morgan Stanley CEO Gorman: The lack of economic analysis of consumer regulation is worrying.

Tip: Morgan Stanley CEO Gorman will participate in a Senate hearing on Wednesday.

Morgan Stanley CEO Gorman: The world is facing "considerable geopolitical challenges."

Morgan Stanley CEO Gorman: A comprehensive capital increase for large banks is "completely unnecessary."

U.S. Defense Secretary Austin issued a statement regarding the crash of a U.S. Osprey aircraft off the coast of Japan, saying that the crash will be rigorously investigated.

Senior EU diplomat: EU countries need to establish a fiscal buffer equivalent to 1.5% of GDP.

PNC Financial Services Group CEO: Thinks the Fed has finished raising interest rates.

Senior EU diplomats, speaking on the fiscal proposals in front of the European Council on Economic and Fiscal Affairs, said the bloc would consider debt reduction targets as part of fiscal reforms.

PNC Financial Services Group CEO: Consumer data has slowed down significantly. A slowdown or even a slight recession is expected in the first half of 2024.

Fitch: The outlook for the global accommodation industry in 2024 is neutral.

Fitch: Hotel operators benefit from favorable market conditions in 2023, but conditions may become less favorable in 2024.

The Federal Reserve accepted a total of $834.428 billion from 82 counterparties in fixed-rate reverse repurchase operations.

Fitch: The outlook for the North American energy infrastructure industry is neutral in 2024.

Microsoft (MSFT.O): Cloud service price adjustment will take effect on February 1, 2024.

Microsoft (MSFT.O) adjusts cloud service prices to match global price levels.