• 0830 GMT Keynote speech by ECB President Christine Lagarde at the 32nd Frankfurt European Banking Congress
• Nagel, and Knot are also speaking but I haven’t located times for these.

Saudi Aramco, through its South Korean subsidiary, S-Oil Corp has confirmed a US$7bn project to build a large-scale petrochemical plant.

Via Yonhap:

Shaheen Project aims to build a steam cracking facility

in the industrial city of Ulsan, about 300 kilometers southeast of Seoul

the Seoul-based subsidiary of Saudi Arabian Oil Co. (Aramco) said.

Former US President Trump is at his Mar-a-Lago resort Wednesday evening.

This was widely expected. Trump still has a broad swathe of popular support and an enormous amount of influence over his Republican Party, although the poor performance in the mid-term elections has diminished it a little. While the Republicans have taken the majority in the House it is by a much slimmer margin than was expected. The Dems still hold the Senate, against expectations of a Republican majority.

Much of the chatter surrounding Trump wanting to run again is that he believes an indictment is coming and he’ll be in a better position to fight that if he’s a presidential candidate. Plenty of folks dispute this.