The foreign exchange index of emerging markets reversed the previous decline.German Chancellor Angela Scholz called for a vote of confidence to pave the way for the February 23rd election.S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.
German Chancellor Angela Scholz submitted an application for a vote of confidence, and German Chancellor Angela Scholz sent a request to Parliament on Wednesday to hold a vote of confidence on December 16th, thus paving the way for early federal elections next year. Since the collapse of the coalition of political parties led by Scholz, the policy-making in Europe's largest economy has basically stagnated. If, as expected, Scholz loses the vote of confidence, he must ask the President to dissolve Parliament and hold a new election. Scholz and the opposition parties unanimously agreed to hold a general election on February 23rd next year. Last week, French Prime Minister Banier lost in a vote of no confidence, which highlighted the unusual political instability faced by these two European powers.After the US CPI was released, spot gold rose by $5 to $2,696.66 per ounce.Traders increased their bets on the Fed's interest rate cut in December.
STOXX Europe 600 Index rose by 0.25% after the US CPI data was released.Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.German Chancellor Scholz: Decisions need to be made before the end of the year, such as improving children's welfare. It is necessary to solve the financial drag problem before the end of the year.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14