NEW: 🇮🇶 Iraq's Supreme Military Committee orders evacuation of all bases from international coalition advisors.

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NEW: 🇺🇸 Treasury Secretary Bessent defends DOJ's criminal probe into Fed Chair Powell as appropriate oversight on the agency's independence.

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NEW: 🇸🇾 Deal merges Syrian Democratic Forces into Ministry of Defense and hands over oil field rights to Syrian government, per Syria TV.

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NEW: 🇪🇺 EU readies €93 billion tariffs in retaliation to Trump's Greenland threat, per FT.

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NEW: 🇨🇦 Canadian PM Carney considers sending soldiers to Greenland, per CBC.

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NEW: 🇯🇵 Japan's 10-year JGB yield hits 2.215%, highest since 1999.

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🕒 Economic Releases (5)
• CN 02:00 AM GDP Growth Rate YoY 4.5% prev 4.8% fcst 4.6% cons 4.4%
• CN 02:00 AM Industrial Production YoY 5.2% prev 4.8% fcst 5.4% cons 5%
• CN 02:00 AM Retail Sales YoY 0.9% prev 1.3% fcst 1.4% cons 1.2%
• CN 02:00 AM Fixed Asset Investment (YTD) YoY -3.8% prev -2.6% fcst -2.8% cons -3%
• CN 02:00 AM GDP Growth Rate QoQ 1.2% prev 1.1% fcst 1.2% cons 1%

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NEW: 🇨🇳 China's fixed investment falls 3.8% y/y for Jan-Dec, worse than estimated -3.1%.

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NEW: 🇨🇳 China's property investment YTD YoY at -17.2%, worse than estimated -16.5%.

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NEW: 🇨🇳 China's fourth-quarter GDP growth slows to 4.5%, weakest in nearly three years as consumption misses forecasts.

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