06:19 AM EDT, 09/17/2024 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Tuesday highlighted:

Markets: United States Treasuries are rangebound. US stocks recovered into the close, e-minis weaken, Nikkei slides after a long weekend. The euro is rangebound above $1.112. Brent rises above $73/barrel, Gold consolidates.

US: White House's Lael Brainard says inflation has reached a "turning point" and is coming back down close to normal levels. Vice President Kamala Harris leads former President Donald Trump 49%-46% in Pennsylvania (US Today poll).

== EUROPE:

ECB: European Central Bank Governing Council member Martins Kazaks says "rates will continue to go down" as the level remains "pretty restrictive," but not too hastily. He doesn't have "any serious reason not to agree" with market pricing of 2.5% by the middle of next year.

Ukraine: The European Union plans to agree to up to 40 billion euros in loans for Ukraine by the end of 2024 even if the US doesn't participate. The scheme would involve increasing the EU's total borrowing backed by the common EU budget (FT).

EU: French President Emmanuel Macron is in talks with the European Commission to create a new, more powerful position for outgoing Foreign Minister Stephane Sejourne, overseeing crucial portfolios tied to prosperity and competitiveness. Ursula Von der Leyen is expected to announce her new Commission on Tuesday.