06:46 AM EDT, 08/28/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Thursday highlighted:

Markets: United States Treasuries shrug off soft five-year UST auction and advance into New York close, trend sideways in Asia. U.S. stocks closed supported, e-minis partly pare Nvidia-led dip. Asian stocks are mixed. EUR rises above $1.1640, Brent pares gains.

Fed: Vice President JD Vance says President Donald Trump, "working of course in concert with Congress", should have the ability to fire Federal Reserve Governor Lisa Cook.

Stocks: Treasury Secretary Scott Bessent says U.S. stake in Nvidia is "not on the table." Nvidia says it cannot pay the U.S. 15% unless Trump's plan is formalized. Nvidia Q3 revenue forecast fails to impress.

==EUROPE:

France: Prime Minister Francois Bayrou says France is heading for "Liz Truss-style catastrophe" if austerity budget is rejected. The PM will meet with opposition parties starting Monday, warns against snap elections and hopes that parties that want to bring down the government "spoke too soon and went too far."

Netherlands: PM Dick Schoof and his cabinet survive no-confidence vote by large margin with only six out of 150 seats backing it.

Italy: The government plans extension to law that forces banks to suspend their use of deferred tax assets to raise 1 billion-1.5 billion euros for the budget.