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

Today's press

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

Next trading day's important events

Forex quotes:

  • USDJPY: 109.27
  • EURUSD: 1.2321

Indices:

  • S&P 500: 2714.06
  • NASDAQ: 7133.53

 



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