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Marco Rubio has told lawmakers that President Trump plans to buy Greenland rather than invade it, while Trump has asked aids to give him an updated plan for acquiring the territory. NYT
Trump will meet with oil company chief executives Friday at the White House to discuss plans for them to enter Venezuela and drill. Trump announced that Venezuela would relinquish 30 to 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price. BBG
The US for the first time on Tuesday backed a broad coalition of Ukraine's allies in vowing to provide security guarantees that leaders said would include binding commitments to support the country if Russia attacks again. RTRS
Chevron and private equity firm Quantum Capital Group are teaming up on a bid to buy the international assets of sanctioned Russian oil company Lukoil. FT
China launched an anti-dumping probe into Japanโs chipmaking material dichlorosilane, deepening trade tensions after Beijing imposed export curbs โ potentially affecting over 40% of its shipments to the country. Tokyo called the measures unacceptable. BBG
AI โfatigueโ is driving cash into shares of S&P 500 companies that arenโt the Magnificent 7, especially those that would benefit most if an expected uptick in economic growth materializes. BBG
old is neck and neck with Treasuries to become the biggest reserve asset for foreign governments, driven by a year of explosive price gains and aggressive central bank buying. Barronโs
Eurozone CPI for Dec was inline on the headline at +2% (down from +2.1% in Nov) while core cooled to +2.3% (vs. the Street +2.4% and down from +2.4% in Nov). BBG
Waner Bros. Discovery Board of Directors unanimously recommended shareholders reject amended Paramount tender offer, saying the offer remains โInadequate.โ BBG
Goldman forecast MSCI China and CSI300 to appreciate 20% and 12% in 2026, after key benchmarks gained 20%-30% in the past year mainly on multiple expansion.
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