The euro rose and German mid-cap stocks rallied on speculation that Germany’s election results may pave the way for more spending to boost economic growth. Germany’s conservative leader Friedrich Merz emerged as the winner, but the results gave his bloc just one clear path to power with intense pressure to form a government. While Merz’s CDU/CSU alliance won 28.6% of the votes, the only centrist two-party option for a majority in the Bundestag is to partner with Chancellor Olaf Scholz’s battered Social Democrats. The far-right Alternative for Germany, or AfD, doubled support to become the second-strongest party with 20.8%, it’s highest percentage in over a decade.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Kriti Gupta and Lizzy Burden.
Chapters:
00:00:00 – Opening Trade
00:00:50 – Stock Market Check
00:03:05 – CDU/CSU Wins Election
00:08:42 – Zelenskiy Willing to Quit to End Ukraine War
00:12:01 – Nvidia Stock in Focus
00:13:32 – Trump Hits China with Salvo
00:15:08 – German Debt-Brake Still Uncertain
00:24:05 – Official German Election Results
00:29:15 – German Elections: AfD Calls for Germany to Leave EU
00:33:50 – Bank of Ireland CEO on Outlook, Economy
00:37:38 – CDU/CSU’s Merz: World Won’t Wait for Lengthy Coalition Talks
00:46:35 –
00:46:35 – European Markets Reaction to German Election
01:07:03 – SIKA Raises Dividend Yield, After Stock Rises
01:16:25 – American Support for Ukraine Might Depend on Minerals
01:18:04 – EU Prepares €20B Aid for Ukraine
01:26:28 – German Stock Market Rises
01:30:09 – German Elections: Most Likely Coalition Outcome
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