💨 Abstract

The euro stabilized after a brief rally following Germany's conservative election victory, with attention shifting towards coalition negotiations. The dollar edged up from a two-month low due to concerns about the US economy's growth outlook. Friedrich Merz, set to become Germany's next chancellor, faces complex and lengthy negotiations as the far-right Alternative for Germany surged to a historic second place.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖