06:31 AM EST, 11/06/2024 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Wednesday highlighted:

Markets: United States Treasuries bear-steepen, US equity futures extend gains, European equity futures reverse initial gains. The US dollar rallies, Brent lower.

US elections: Republican candidate Donald Trump wins the presidential election. Republicans achieve a majority in the Senate (51-42), lead in the House.

Middle East: Israel's Prime Minister Benjamin Netanyahu sacks Defence Minister Yoav Gallant.

==EUROPE:

Germany: Economic Minister Robert Habeck warns of coalition breakup, but "solution will certainly not be possible on the basis of the [Finance Minister Christian Lindner's] paper" (interview).

==ASIA:

China: Central bank governor pledges to maintain accommodative policy stance and ramp up countercyclical adjustments.

Japan: Central bank minutes note uncertain outlook on the global economy, especially the US. Members divided on the release of rate path projections similar to the dot plot.