Commerzbank in its "European Sunrise" note of Thursday highlighted:
Markets: United States Treasuries move sideways into the New York close, rise in Asia. E-minis sideways amid softer Asian equities. Key foreign exchange pairs little changed. Brent falls to US$97/barrel.
Fed: Federal Reserve's Beige Book shows slight to moderate growth in most districts, with employment little to no change. Most districts show prices rising at a moderate to strong pace.
Fed: Federal Reserve Bank of Dallas President Lorie Logan says inflation is taking too long to return to 2%, current policy looks neutral or "loose," higher rates could be needed later this year.
Iran war: President Donald Trump says Iran is close to signing a deal in "theory," the Strait of Hormuz would open "immediately" upon the signing of the Memorandum of Understanding. Iranian Foreign Minister Abbas Aragchi says no tangible progress in U.S. talks, but communications not cut off, prepared to resume war if Israel attacks Beirut. Trump privately tells aides he would end the ceasefire if U.S. troops were killed, but still tolerates clashes to avoid wider regional war (WSJ sources).
Middle East: Israel and Lebanon agree to implement a ceasefire (Reuters).
Russia-Ukraine war: Germany, France and the United Kingdom sketch a plan to engage Russian President Vladimir Putin in peace talks, the plan would also include Ukraine.
==ASIA:
Japan: Prime Minister Sanae Takaichi says no need for frugality that would put the brakes on the economy, believes markets are watching bond issuance amount.