06:22 AM EDT, 08/27/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Wednesday highlighted:

Markets: United States Treasuries better supported in late New York session, stable in Asia. SPX rallies into close, sideways in Asia. EUR weakens to $1.162. Brent remains lower around $67.3/barrel after Tuesday's drop.

Fed: Federal Reserve Bank of Richmond President Thomas Barkin expects modest adjustments in the economy and therefore "modest adjustments in rates."

Fed: President Donald Trump is weighing options to extend influence over how regional Fed presidents are vetted and chosen (Bloomberg).

Fed says it will abide by any court decision regarding Governor Lisa Cook. Trump says he is ready for a legal fight and will abide by the court.

Fed: Senate Banking Committee is expected to hold a hearing on Stephen Miran's temporary appointment to the Fedeeral Reserve board next week. Trump says he is considering Miran for a long-term post at the Fed.

Tariffs: The U.S. imposes 50% tariffs on all good from India. Treasury Secretary Scott Bessent expects a big jump in tariff revenues in September. Trump threatens "very substantial" tariff on furniture.

U.S.: Commerce Secretary Edward Lutnick suggests looking at defense sector companies for the government to take a stake in. Trump warns of "economic war" if Russian President Vladimir Putin doesn't pursue peace with Ukraine.

==EUROPE:

BoE: Bank of England policymaker Catherine Mann says rates should be held steady amid sticky prices.