CDU/CSU's Merz Wins German Election, AfD Sees Historic Gains | The Opening Trade 02/24
February 24, 2025
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1:36:46Now PlayingCDU/CSU's Merz Wins German Election, AfD Sees Historic Gains | The Opening Trade 02/24
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as posted by the channelThe euro rose and German mid-cap stocks rallied on speculation that Germany’s election results may pave the way for more spending to boost economic growth. Germany’s conservative leader Friedrich Merz emerged as the winner, but the results gave his bloc just one clear path to power with intense pressure to form a government. While Merz’s CDU/CSU alliance won 28.6% of the votes, the only centrist two-party option for a majority in the Bundestag is to partner with Chancellor Olaf Scholz’s battered Social Democrats. The far-right Alternative for Germany, or AfD, doubled support to become the second-strongest party with 20.8%, it's highest percentage in over a decade.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Kriti Gupta and Lizzy Burden.
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