The euro is up, European stocks and especially German defense names are up, and the recent rally in 10-year U.S. Treasuries has not been followed by German Bunds. Click to read.

For all the noise surrounding President Donald Trump’s tariffs, perhaps the most significant development for global financial markets on an exceptionally busy day was Germany’s decision to break its fiscal shackles to transform Europe’s defenses.

Goldman Sachs raised its economic growth forecast for Germany this year, citing the prospect of increased military and infrastructure spending, and also upgraded the growth estimate for the broader Euro area.

Wall Street struggled for traction on Monday, ending mixed after slumping last week, while German election results buoyed German shares and Europe's single currency as investors waited for midweek results from artificial intelligence chip leader Nvidia.

The euro edged higher on Monday as Germanys conservative CDU/CSU bloc secured 28.5% of the vote in the national election, followed by the far-right AfD at 20.5%, according to ZDF projections. Investors are now focused

Germany's plans to go on its biggest public spending spree in 35 years will likely lead to higher borrowing costs across the euro zone – and that's a good thing.

Frankfurt equities and the euro rose Monday after conservatives led by Friedrich Merz won Germany's national election, with investors hoping that Europe's largest economy can emerge from recession.

The safe-haven yen and Swiss franc climbed in volatile trading on Thursday, while the dollar slumped against most currencies, as jittery investors turned increasingly risk-averse amid an extended sell-off on Wall Street triggered by an escalating trade war initiated by the United States.

Germany's planned 500 billion euro ($539.90 billion)infrastructure fund will boost sentiment in the construction industry in the country, Geberit Chief Executive Christian Buhl said on Thursday.

The euro ascended to four-month highs on Wednesday against the U.S. dollar, as Europe's growth prospects improved after Germany's proposed 500 billion euro ($531 billion) infrastructure fund, potentially offsetting global trade tensions.