05:42 AM EDT, 08/29/2024 (MT Newswires) -- Commerzbank in is "European Sunrise" note of Thursday highlighted:
Markets: United States Treasuries (UST) little changed in the late New York session and Asia. US equity futures soft following Nvidia, DXY also lower, oil sideways.
Fed: Federal Reserve Bank of Atlanta President Raphael Bostic says his timeline for cuts has accelerated but remains cautious on when to begin lowering rates, rather wants to err on the side of waiting longer and "don't want us to be in a situation where we cut and then have to raise again."
US: New poll finds Vice President Kamala Harris leads former President Donald Trump in Arizona, Georgia and Nevada, Trump leading in North Carolina.
US: First release of Atlanta Fed wage tracker since March shows a hump in April-June but the resumption of the downtrend in July.
== EUROPE:
Italy: Tesoro's upcoming structural budget plan to confirm commitment to reduce the deficit below 3% in 2026 (Reuters).
Ukraine: The International Monetary Fund (IMF) team will conduct a review for the disbursement of $1.1 billion tranche next week (Bloomberg). Bondholders approve $20 billion debt restructuring.