06:30 AM EST, 01/15/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Wednesday highlighted:

Markets: United States Treasuries range-bound in late New York session, better bid in Asia. U.S. equities recover into close, Asian equities weaker. Yen stronger on Bank of Japan Governor Kazuo Ueda's remarks, other foreign exchange pairs unchanged. Brent at $80/barrel.

U.S.: President-elect Donald Trump says he will create an 'External Revenue Service' agency to collect tariffs, duties and other revenue from international sources.

Middle East: Israel and Hamas agree to draft deal for ceasefire and hostage release (CBS sources).

==EUROPE:

ECB: Euroepan Central Bank Chief Economist Philip Lane says rates will go to neutral if inflation stabilizes around 2%, notes that 3% is nowhere near the lower bound, sees a resilient labor market for now.

France: Socialist Party will back no-confidence vote if they 'do not get a clear response on pension reform'.

==ASIA:

Japan: BoJ's Governor Ueda says rates will rise if economic and price conditions continue to improve.

Japan: Minority government is likely to miss achieving 2025 fiscal targets (Reuters sources).

China: The central bank reverse repo volume rises to CNY958 billion, the second highest value on record.