Trump Wins Iowa As Market Volatility Continues
• Donald Trump won Iowa Republican caucus by a wide margin, signaling a volatile election season ahead • European policymakers pushed back against market expectations for deep rate cuts in Davos speeches • Asian markets fell, with Hong Kong hitting 14-month lows amid growth concerns • Key data/earnings today UK jobs, German sentiment, Goldman Sachs, Morgan Stanley results • Shipping disrupted after missile strike on ship in Red Sea; rates climb as ships divert around Africa