07:03 AM EST, 02/06/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Thursday highlighted:

Markets: United States Treasuries trade weaker into New York close, little changed in Asia. E-minis continue to edge higher along with Asian equities. Yen benefits from Bank of Japan Board member Naoki Tamura's remarks, Brent below $75/barrel.

Fed: Chicago Federal Reserve President Austan Goolsbee warns of inflation risks arising from persistent tariffs. Fed Vice Chair Philip Jefferson says he is comfortable keeping rates at the current level for now, as the economy is in a good place.

Fed releases stress test scenarios, for the first time also including hedge fund failure. Federal Reserve Governor Michelle Bowman says regulators can amend bank rules to improve UST market liquidity.

U.S.: Treasury Secretary Scott Bessent says President Donald Trump's goal is to make tax cuts permanent. Also says that he and Trump look at 10-year UST yields when talking about lower interest rates, says "Trump isn't calling for the Fed to lower rates."

U.S.: The White House downplays Trump's Gaza plans. Secretary of States Marco Rubio says Trump's offer is "very generous," aimed to "Make Gaza Beautiful Again."

==EUROPE:

ECB: European Central Bank Governing Council (GC) member Mario Centeno says rates may need to be cut below neutral level, notes that the economy isn't strong enough to support inflation at 2%. GC member Fabio Cipollone says there is still room for adjusting rates downwards, sees soft landing as the main scenario.

France: Prime Minister Francois Bayrou survives no-confidence votes, thereby adopting the 2025 budget.

==ASIA:

Japan: BoJ's Tamura says rates should rise to at least 1% in H2, as upside risks to prices are gradually increasing.