The Latest Breaking News from Olaf Scholz

December S&P 500 E-Mini futures (ESZ24) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.13% this morning as investors took a breather at the end of an eventful week that saw Donald Trump reclaim the U.S. presidency and the Federal Reserve cut rates.

German Chancellor Scholz's decision to fire finance minister triggers confidence vote and potential early elections amid economic policy disagreements.

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary.

German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy.

Olaf Scholz’s sacking of his finance minister has plunged Europe’s largest economy into considerable uncertainty

Fall of Olaf Scholz’s coalition in Germany has led to calls for greater UK/ French co-operation as the EU grapples with it response to the US election result

December S&P 500 E-Mini futures (ESZ24) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.33% this morning, extending their post-Election Day gains, while investors looked ahead to the Federal Reserve’s interest rate decision.

December S&P 500 E-Mini futures (ESZ24) are up +0.11%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.18% this morning, maintaining their post-Election Day gains, while investors looked ahead to the Federal Reserve’s interest rate decision.

Germany is bracing for political upheaval, with Chancellor Olaf Scholz set to govern in a weakened position after firing his finance minister in a dramatic collapse of his coalition. Scholz now faces a critical confidence vote in January, which could force snap elections by March and leave Europe’s largest economy…