• Feb 23, 2025

German stocks and euro rise after conservatives win election

German stocks rallied on Monday and the euro reached a one-month high after Germany’s election result put centrist parties on track to form a coalition. Friedrich Merz was set to become Germany's next chancellor after his opposition conservatives won the national election on Sunday. Merz should be able to form a coalition to govern with the ruling centre-left Social Democrats, even though the party came third behind the far-right Alternative for Germany.

  • Feb 23, 2025

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Subdued oil traders will be looking for clues at a major energy conference in London this week. Gold continues to pour into the US as the market provides arbitrage opportunities. And the price of liquefied natural gas in Europe is showing signs of easing as supply concerns take a step back. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminati

  • Feb 23, 2025

What election projections mean for Germany's ailing economy

BERLIN (Reuters) -Germany's opposition conservatives CDU/CSU won the national election on Sunday, putting leader Friedrich Merz on track to be the next chancellor while the far-right Alternative for Germany (AfD)came in second, its best ever result, projections showed. Germany's election results set the stage for protracted coalition talks.

  • Feb 23, 2025

Fed-Favored Inflation Gauge Is Set to Ease to Seven-Month Low

(Bloomberg) -- The Federal Reserve’s preferred inflation metric is expected to cool to the slowest pace since June, but glacial progress on taming price pressures overall will keep policymakers cautious about lowering interest rates further.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire Vic

  • Feb 23, 2025

Fed’s Goolsbee plays down jump in inflation expectations

(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee downplayed a report released last week that showed an increase in consumers’ expectations for future inflation. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for G