Merkel and Sarkozy back Greece and the euro.
Chinese trade growth at two year low.
US consumer credit rises by most in 10 years.
Asian stocks rally overnight – European markets likely to rise.
Euro holds gains over dollar, but Swiss franc strengthens.
Oil rises for the first time in four days.
OPEC unable to intervene against plans to block Iranian oil.
Commodities post their fist annual loss in three years.