06:16 AM EDT, 03/13/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Thursday highlighted:

Markets: United States Treasuries trade shaky into 10-year auction, better bid in Asia. Asian equities mixed, e-minis fall further after close. Yen trades stronger, EUR at $1.088, Brent steady around $71/barrel.

U.S.: Senate Minority Leader Chuck Schumer says the "GOP doesn't have the votes" and Democrats will block the stopgap bill in the Senate, urges support for their own bill instead.

Tariffs: President Donald Trump threatens that the U.S. will respond to European Union countermeasures, says "we'll win that financial battle." Trump also accuses Irish tax policies for luring away U.S. pharmaceutical firms. Canada announces new 25% tariffs on $20.8 billion of U.S. goods.

Ukraine/Geopolitics: Russia lays out demands for talks with the U.S., including no NATO membership for Ukraine and no international troops (Reuters sources). Trump says he can pressure Russia, hopes it won't be necessary.

==EUROPE:

Germany: Coalition talks begin in Berlin, results to be announced in two weeks.

France: The country's central bank cuts gross domestic product forecasts to 0.7% for this year and 1.2% in 2026.

==ASIA:

China says it forcefully cracked down on fentanyl trade, says the U.S: should have said a "big thank you," urges talks on tariffs.

Japan: Bank of Japan Governor Kazuo Ueda expects real wages and consumer spending to improve, while import inflation should subside.