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The deciding vote on where valuations go next will be cast on the other side of the Atlantic
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German opposition leader Friedrich Merz declared victory after his Christian Democrats won nearly 29% of the votes in the country's federal election. Chancellor Olaf Scholz's Social Democratic Party faced a historic defeat with the lowest vote share for the center-left party since 1949.
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Merz expressed concern over changing relations with Washington under the Trump administration, emphasizing the need for gradual independence from the U.S.
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Provisional results confirmed that mainstream conservatives led by Friedrich Merz won Germany's national election, while a far-right party surged to become the nation's second-largest.
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