07:02 AM EST, 11/19/2025 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Wednesday highlighted:

Markets: United States Treasuries recover in the New York session, sideways in Asia. Japanese government bond yields reach new highs after a solid 20-year auction. SPX reverses earlier gains, Asian equities mixed. Euro (EUR) back at $1.159.

Fed: Richmond Federal Reserve President Thomas Barkin reiterates Chair Jerome Powell's statement that a December cut isn't a foregone conclusion, as the U.S. economy is still very healthy.

Fed: President onal Trump thinks he "already" knows his Federal Reserve chair choice, says he would "love to get Powell out" right now, but is being held back. Treasury Secretary Scott Bessent says Trump will meet three candidates after Thanksgiving, says he won't be the Fed chair.

U.S.: Federal court blocks Texas from using new congressional map in next midterm elections, Governor Greg Abbott announces that state will appeal to the U.S. Supreme Court.

Tech: Meta wins FTC antitrust trial over Instagram and WhatsApp deals.

Geopolitics: The U.S. is formally designating Saudi Arabia as a major non-NATO ally.

==EUROPE:

European Union plans to create a critical minerals stockpile centre (FT).

==ASIA:

Japan: Bank of Japan may delay rate hike until March, adviser to Prime Minister Sanae Takaichi says, to await evidence that fiscal package boosts demand.