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 - Global series of industrial PMI indicators and tech giants' results
๐Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged๐ถ EURUSD down ๐