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: Oil, Fed, jobless claims, and Wall Street earnings ๐
Morning wrap: Trump expects an agreement with Iran as soon as this weekend ๐
Daily Summary: Markets take a breather (03.06.2026)
BREAKING: ISM Non-Manufacturing PMI above expectations