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Markets
The DAX and euro rise ahead of Germany’s historic debt reform vote
Germany is expected to pass a major spending bill on defence and infrastructure, allowing the country to unleash hundreds of billions of euros into the economy. Both the euro and Germany’s stock markets may maintain their uptrends amid optimism about the fiscal reform.
Economy
BoE delivers 'dovish hold' as growth stalls, trade risks rise
The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth falters. Inflation rose to 2.6% in November, but growth is now forecast at 0% for the fourth quarter. Markets interpreted the decision as dovish.
Markets
Euro tumbles to a one-year low as US releases inflation figures
The euro further declined against the US dollar following the release of US inflation data on Wednesday. Analysts expect that the euro may continue to face downward pressure against the dollar, even if enthusiasm over Trump's policies subsides.
Markets
How might the euro react if Trump wins the US presidential election?
A Trump victory could bring sweeping US tariffs, including a 10% levy on EU imports and a hefty 60% on Chinese goods. Analysts warn this protectionist stance could strengthen the dollar while pressuring the euro, pushing the ECB to consider lower rates to support negative effects on growth.
Markets
Pound, euro, and gold surge as US dollar weakens
Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday. The dollar's weakness may continue to exert upside pressure on currencies and metal prices amid growing expectations of rate cuts by the Federal Reserve.
