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The Latest Breaking News from Merz

Merz has done 'very poorly' on communication, says former spokesman for the German government Béla Anda

Béla Anda, chief spokesman for the federal government under Gerhard Schröder, says it will be “very hard” for German Chancellor Friedrich Merz to regain control after the AfD’s landslide victory in regional elections.

Euronews

Europe Today: AfD's win piles pressure on Merz as Ukraine scrambles to fund the war

Chancellor Merz faces growing pressure a day after the AfD's historic win in Saxony-Anhalt. Ukraine, meanwhile, faces a mounting economic challenge to keep funding its war against Russia, and in Serbia, thousands attended Ratko Mladić's pompous funeral yesterday

Euronews

France and Germany abandon joint fighter jet project as companies unable to reach agreement

The project was seen as a key test of European efforts to work more closely on defence as they seek to present a united front in the face of a hostile Russia at a time of souring ties with the United States.

Euronews

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Off the Record: Politics, protests and dead flamingos dominate EU-Western Balkans summit

Euronews Europe editor Maria Tadeo provides highlights and analysis from the EU-Western Balkans summit held this week in her signature newsletter Off the Record.

Euronews

Dollar Recovers on Conflicting US-Iran Peace Plans

The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals about prospects for a US-Iran deal to end the war and reopen the Strait of Hormuz. Iranian television said it obtained an unofficial draft of...

Barchart

Dollar Falls as Crude Oil Retreats

The dollar index (DXY00 ) today is down by -0.11%. The dollar is under pressure today amid a -4% plunge in crude oil prices to a 5-week low, which lowers inflation expectations and may prompt the Fed to ease monetary policy, a negative factor for the dollar. Also, today’s rally...

Barchart

NATO ministers meet as US plans to pull away from European security

The summit will focus on the Trump administration's plans to withdraw guarantees of support for European security architecture – even in wartime – and the depletion of the alliance's critical weapons stocks due to the ongoing war in Iran.

Euronews

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First Thing: US supreme court ‘demolishes’ Voting Rights Act

Ruling has gutted provision intended to prevent racial discrimination in voting. Plus, oil tops $126 a barrel to reach highest level since 2022

The Guardian - UK

Delusional Donald Trump now believes his father was British, New York-born Fred Trump spinning in grave

Donald is now at the age his father was when he developed Alzheimer's.

We Got This Covered

Munich Security Conference: Rubio calls on Europe to save the West in alignment with the US

US Secretary of State says America and Europe share roots and a common destiny but warns a decline in economic and cultural terms must be reversed. In a more diplomatic tone, Rubio pointed to a 'climate cult' and mass migration as threats to common prosperity.

Euronews

Macron says Europe must redesign its security independently, citing 'holistic' nuclear deterrence

French President says Europe will have to define its own security parameters independently in the future and confirms Paris is holding strategic nuclear talks with allies for common deterrence. 'It's a holistic approach'.

Euronews

Rubio skips Berlin Format talks on Ukraine in Munich

Russia's war on Ukraine is at the top of this year's agenda at the Munich Security Conference, with European leaders trying to keep the United States involved in efforts to reach a just peace deal.

Euronews

Italy-Germany summit: Meloni and Merz push for an autonomous, competitive Europe

Italian Prime Minister Giorgia Meloni and German Chancellor Friedrich Merz signed the new German-Italian Action Plan in Rome, where the two delegations met for the intergovernmental summit in Rome on Friday.

Euronews

Power or principle? Europe must expand Its room for manoeuvre

In a world of open power politics, the EU must demonstrate its ability to act - while internal political shifts are jeopardising its foreign-policy and economic capacity to do so.

Euronews

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The Guardian - UK

Belgian PM meets Starmer in London as debate continues on using frozen Russian assets for Ukraine – as it happened

Bart De Wever will also discuss migration, security and economy ahead of coalition of the willing meeting and EU summit next week

Euronews

Thousands of Germans in Berlin protest, call for end to Israel-Hamas war in Gaza

Some 50,000 people took part in the march through Berlin’s downtown area, according to police. About 1,800 law enforcement officers were deployed to monitor the demonstrators.

Barchart

Dollar Tumbles on Weak US Unemployment Report

The dollar index (DXY00 ) on Friday fell by -0.59% to a 1.5-month low on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -7 bp decline in the 10-year T-note yield to 4.09%, which undercut the...

Barchart

Dollar Falls Sharply on Weak US Unemployment Report

The dollar index (DXY00 ) today is sharply lower by -0.75% on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -8 bp decline in the 10-year T-note yield, which undercut the dollar’s interest rate differentials. The...

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Euronews

Russian spy drones over Germany: Why the Bundeswehr cannot shoot them down

Russia uses surveillance drones over eastern Germany to monitor Western arms deliveries to Ukraine. German authorities are struggling to counter these espionage activities.

Barchart

Dollar Rises as US Productivity and ISM Services Strengthen

The dollar index (DXY00 ) on Thursday rose by +0.17% after mixed US economic reports. The upward revision to Q2 nonfarm productivity and the downward revision to Q2 unit labor costs were supportive for the dollar. The dollar also found support after the Aug ISM services index expanded at its...

Barchart

Dollar Rises as US Q2 Nonfarm Productivity and Aug ISM Services Strengthen

The dollar index (DXY00 ) today is up by +0.19%. The dollar is moving higher today on mixed US economic reports. The upward revision to Q2 nonfarm productivity and the downward revision to Q2 unit labor costs are supportive for the dollar. The dollar also found support after the Aug...

Barchart

Dollar Falters and Gold Soars as Fed Rate Cut Chances Increase

The dollar index (DXY00 ) on Wednesday fell by -0.24%. Wednesday's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated on Wednesday as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than...

Barchart

Dollar Falls as Weak JOLTS Report Boosts Fed Rate Cut Chances

The dollar index (DXY00 ) today is down by -0.35%. Today's rebound in equity markets has curbed liquidity demand for the dollar. Losses in the dollar accelerated as the chances for a Fed rate cut later this month increased after the Jul JOLTS job openings fell more than expected to...

Barchart

Dollar and Gold Rally as Stocks Slump

The dollar index (DXY00 ) on Tuesday rose by +0.63%. Tuesday’s weakness in stocks boosted liquidity demand for the dollar. Also, higher T-note yields on Tuesday strengthened the dollar’s interest rate differentials and were supportive of the dollar. In addition, Tuesday’s slump in the yen to a 1-month low on...

Barchart

Dollar Climbs With Bond Yields

The dollar index (DXY00 ) today is up by +0.37%. Today's weakness in stocks is boosting liquidity demand for the dollar. Also, higher T-note yields today are supportive of the dollar. In addition, today's slump in the yen to a 1-month low on political risks in Japan is bullish for...

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