06:18 AM EST, 12/10/2024 (MT Newswires) -- Commerzbank in its "Euroepan Sunrise" note of Tuesday highlighted:

Markets: United States Treasuries fall into New York close, better bid in Asia. Chinese equities gap higher on stimulus hopes, US dollar stronger. Oil slides below $72/barrel, gold recovers in Asia.

US: NY Fed's survey of five-year consumer inflation expectations increase to 2.86% from 2.77%.

Geopolitics: China tightens curbs on drone supplies to the US and Europe.

==EUROPE:

Eurogroup: President Paschal Donohoe says Eurogroup finance ministers consider slightly contractionary fiscal stance for 2025, coupled with a positive trend in public investment, to be appropriate, and remain committed to deliver gradual budget consolidation path for the medium term (statement).

UK/Eurogroup: Finance Minister Rachel Reeves assures that the United Kingdom wants to reset its relationship with the European Union, calls on the EU to give greater access to City of London.

France: President Emmanuel Macron to hold meetings on Tuesday to find a successor for former Prime Minister Michele Barnier without far-right RN.

==ASIA:

China: Trade balance widens as imports unexpectedly fall by 3.9% year over year while the estimate was for a 0.9% rise, and exports rise by 6.7% year over year while the estimate was for 8.7%.