Germany's CDU and SPD reach coalition deal (news: 07/02/18)

Today's press

• Germany's CDU and SPD reach coalition deal

  Angela Merkel’s Christian Democratic Union has agreed on the terms of a coalition deal with the centre-left Social Democrats following marathon talks in Berlin, German media has reported.

• Bitcoin Up Over 20% as Crypto Markets Regain Poise

  Cryptocurrencies are trading in the green today after a tumultuous seven days.

• Fed's Kaplan says market correction healthy, sees no economic impact

  FRANKFURT (Reuters) - The recent selloff on the stock markets is a “healthy” correction from high valuations, Dallas Fed President Robert S Kaplan said in Frankfurt on Wednesday, adding he did not think it would have repercussions on the economy.

• Forex - Aussie, Kiwi Move Lower in Cautious Trade; Eyes on RBNZ

  Investing.com - The Australian and New Zealand dollars moved lower against their U.S. counterpart on Wednesday, as investors remained cautious following a nearly three-day rout in global equities and eyed the Reserve Bank of New Zealand's upcoming policy statement.

• Sterling slips before cbank meeting, rate view key

  LONDON (Reuters) - Sterling edged lower on Wednesday, heading back towards a 2-1/2 week low hit in the previous session as a central bank meeting on Thursday kept investors wary of adding positions aggressively amid a broad dollar bounce.

• Naira may depreciate to 386/dollar in H2 —PwC

  The naira may depreciate against the United States dollar at the Investors and Exporters Window to 386 from the current average of 360, PricewaterhouseCoopers has said.

• Crypto Industry Reacts to US Senate Hearing Remarks

  Bullish. "A sigh of relief." These were just some of the comments that came from industry observers in the wake of a hearing held Tuesday by the U.S. Senate Committee on Banking, Housing and Urban Affairs, one that addressed the question of how lawmakers should consider cryptocurrency regulation.