A 'black swan' suddenly flies into German politics. Germany, the 'locomotive' of the European economy, is stirring up a political storm.#BabyMarvinf9c7最近会大涨
According to the latest news, German Chancellor Scholz has expressed a willingness to negotiate the timing for the new Federal Diet elections. Prior to this, the ruling coalition composed of the Social Democratic Party, the Green Party, and the Free Democratic Party collapsed, and Scholz proposed a confidence vote for the coalition government in the Federal Diet on January 15 next year.
It is worth noting that the timing of the 'black swan' event in German politics is especially sensitive, coinciding with Trump's election as President of the United States, which is certainly not good news for Germany, given its heavy reliance on the U.S. as an export market and defense supplier.
This has made the European markets particularly tense, with several institutions beginning to worry about the significant uncertainties surrounding the future outlook for Germany and the European economy. As a result, on November 8, European stock markets plummeted across the board, with the Eurozone STOXX 50 index falling over 1%, a cumulative drop of 1.54% this week, marking four consecutive weeks of decline, the longest losing streak since late October last year; the German DAX 30 index fell by 0.76%, the French CAC 40 index fell by 1.17%, and the UK FTSE 100 index fell by 0.84%. #BabyMarvinf9c7值🉐拥有🈶