06:22 AM EDT, 03/17/2026 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Tuesday highlighted:
Markets: United States Treasuries strengthen in the late New York session, sideways in Asia. E-minis soften after U.S. equities close higher. Key foreign exchange pairs are little changed, Brent rises in the Asian session.
Iran: President Donald Trump says war will be over "soon," but not this week. Trump adds that he will soon announce countries that have agreed to join the U.S. to get the Strait of Hormuz going very soon. The United Kingdom, France and Germany reject Trump's demand to join the naval mission. European Union foreign policy chief Kaja Kallas says there is no appetite for a mission mandate. IMO says naval escorts are no guarantee of safe passage through the Strait of Hormuz.
Iran and the U.S. have been in direct contact in recent days, initiated by Iran's foreign minister (Axios sources).
U.S./China: President Trump asks Chinese President Xi Jinping to delay their meeting by "a month or so."
U.S.: President Trump says he expects to have the "honour" of taking Cuba.
U.S.: The Securities and Exchange Commission prepares proposal to eliminate quarterly reporting requirements (WSJ).
Israel: Five countries, including Germany, say a large-scale ground invasion in Lebanon must be averted, warn of "devastating consequences."
==ASIA:
Japan: Finance Minister Satsuki Katayama says currency movements aren't in line with fundamentals, reiterates that authorities are ready to take "bold action" if needed.
Japan: Bank of Japan Governor Kazuo Ueda says underlying inflation is approaching 2% target, stresses that price increases must be matched by solid wage gains.
Australia: The central bank (RBA) raises cash rate by 25bps to 4.1% in a split decision.