💨 Abstract

The euro rose after Germany's opposition conservatives won the national election, with Friedrich Merz set to become chancellor. However, coalition negotiations are expected to be complex and lengthy. The dollar remained steady amid concerns about the U.S. economy's growth outlook. Investors are closely watching coalition talks in Germany, particularly regarding the debt rule, and the potential loosening of the 'debt brake' rule.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖