The German CDU and SPD have agreed on a solution with the Greens regarding the financial package, Handelsblatt and Greens' correspondent reported. Parties are rushing to secure a supermajority in parliament to approve sweeping constitutional amendments that would release defence spending from debt restrictions and set up a €500 billion fund for infrastructure investment (including €100 billion for the existing climate and transformation fund). At the moment, Rheinmetall (RHM.DE) is extending its upward momentum, while the BUND10Y slides lower.
U.S. dollar sell-off ๐จ USDIDX slumps nearly 1%
Hawkish Fed Comeback? ๐ฆ Inflation and Politics Could Keep U.S. Rates Frozen For Longer ๐
๐จEURUSD surges to 4.5 year high ๐US CB index much weaker than expected
Strong US macro data ๐ฝUS100 climbs to 26,000 pts