06:15 AM EST, 12/06/2024 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Friday highlighted:

Markets: United States Treasuries extend gains into New York close, flatten further in Asia. US equities close lower, Asian equities mixed. EUR at $1.057, oil lower around $72/barrel, gold higher.

US: President-elect Donald Trump nominates David Perdue as China ambassador, taps David Sacks to be White House AI and crypto "czar". Republican Senator Joni Ernst declines to support Pete Hegseth as defense secretary. President Joe Biden's aides discuss pre-emptive pardons for Trump targets.

==EUROPE:

France: Emmanuel Macron vows to serve the full term as president, will appoint a new prime minister in the coming days and assures the next government will prepare a budget in early 2025. Far-right leader Marine Le Pen sees budget possible in "a matter of weeks," if next PM is willing to narrow the deficit more slowly, says narrowing deficit to 3% by 2029 isn't credible.

ECB: Bloomberg poll now sees consensus for 25bps rate cuts at every European Central Bank meeting through June, taking the depo rate to 2%, slightly faster than before.

Banks: ECB seeks to accelerate approvals for significant risk transfers, aims for a pilot program for the new process in January.

BoE: Bank of England policymaker Megan Greene says consumption recovery will take time, warns that inflation is fundamentally more persistent.