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.
Economic Calendar - Inflation Takes Center Stage (12.05.2026)
What to look out for this weekโ
Morning Wrap: Iran's peace proposal โUNACCEPTABLEโ; markets take a hit โ๐ฅ
BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!๐จ