Commerzbank in its "European Sunrise" note of Friday highlighted:
Markets: United States Treasuries volatile into the New York close, calm down in Asia along optimism in equity futures. Oil sideways after Thursday's drop, US dollar (USD) recovers overnight Thursday.
Fed: Chicago Federal Reserve President Austan Goolsbee is focusing on developing "pretty significant inflation problem," sees the employment side "mostly stable." Richmond Fed President Thomas Barkin says repeated shocks test anchoring of inflation expectations. President Donald Trump to swear in Kevin Warsh as Fed chair on Friday.
U.S.: President Trump to postpone executive order on Artificial Intelligence-oversight (Politico).
NATO: President Trump says the U.S. will send an additional 5,000 troops to Poland.
Iran war: Secretary of State Marco Rubio sees "good signs" for a deal, with Pakistanis said to travel to Tehran on Friday (FT). Iran and Oman are in talks to set up a permanent toll system in the Strait of Hormuz. President Trump said he wants a free and open Strait of Hormuz without tolls.
==EUROPE:
ECB: The European Central Bank will soon publish research on how degradation of nature could hurt banks' loan books, says Governing Council member Frank Elderson.
Germany: Finance Minister Lars Klingbeil supports blanket proposal for subsidy cuts.
France: Budget Minister David Amiel pledged an additional 710 million euros to offset high energy costs.
U.K.: British GfK Consumer Confidence unexpectedly rose in May.
==ASIA:
Taiwan: The U.S. delays $14 billion arms sale.
Japan: April's consumer price index rose less than expected.