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.
Daily Summary: Wall Street ends the week with a calm gain ๐ฝ Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations ๐UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada๐USDCAD sharply declines๐
DE40: Adequate data, Mild growth