LNG: India January LNG Consumption and Imports Unchanged on Month

UK 10-Year yield falls 10bp following today’s CPI data, that would equate to the biggest one-day drop since June.

Fig. 1: One-Day Net Change In 10-Year Gilt Yield

Source: MNI - Market News/Bloomberg

ERM5 98.125/98.50cs, bought for 2.25 in 10k.

Reuters, Kan, Axios, and the Jerusalem Post reporting that Hamas has "given a green light" to a hostage-for-ceasefire deal in Gaza, according to Israeli officials, with a final deal expected by Wednesday night or Thursday. 

• Barack Ravid at Axios notes on X: "A third Israeli official tells me: "There is a breakthrough in the hostage deal negotiations in Doha. Hamas military leader in Gaza Mohammed Sinwar gave his Ok""
• Ravid noted, prior to the above comme: "[An] Israeli official tells me: We are optimistic there is going to be a hostage and ceasefire deal by tomorrow at the latest"
• Amichai Stein at Kan reports: "Israeli officials tell [Jerusalem Post]: Hamas gave a green light to go ahead with the deal - "significant progess" and an attempt to reach a final deal by tonight or tomorrow"
• As noted in previous bullet, the risk of ultranationalist hardliners in the Israeli gov't scuppering a deal is believed to have reduced significantly, de-risking one of the primary threats to the durability of a deal. See: ISRAEL: Efforts To Reach Gaza Deal Resume, Risk From Israeli Hardliners Shrinks