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For your information, you can find below the description of the video Germany's Election Results: Merz Wins, AfD Surges and Scholz Falls | Daybreak: Europe 02/24/2025 published by the Youtube channel Bloomberg Television:
you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, Germany's conservative opposition leader, Friedrich Merz, says he'll move quickly to form a new government. That's after his center-right alliance won this week's election, but with a result that will require him to forge a coalition. The preliminary tally show the CDU-CSU bloc finishing ahead of the far-right Alternative for Germany and Chancellor Olaf Scholz's Social Democrats. Meanwhile, today marks three years since Russia's full-scale invasion of Ukraine as European leaders head to Washington this month.
Today's Guests: Jeremy Stretch, G10 FX Strategy Head at CIBC & Prosus and Naspers CEO Fabricio Bloisi.
Chapters:
00:00:00 - Daybreak Europe
00:00:46 - CDU/CSU Friedrich Merz Claims Victory for German Conservatives
00:01:21 - Trump's China Salvos
00:01:29 - Ukraine War Enters Third Year
00:04:07 - Euro Currency Gains After Election
00:06:04 - German Elections: Most Likely Coalition Outcomes
00:19:05 - German Elections: 'Too Early' to Call Best Case Coalition Scenario
00:20:43 - CDU/CSU's Merz: Need to Create 'Unity' in Europe
00:23:48 - China Stocks Check
00:26:19 - Gold Price Reaches New Record High
00:35:47 - Zelenskiy Says He is Ready to Quit for Ukraine Peace, NATO
00:37:40 - Pope Remains in Critical Condition
00:38:03 - COVID-like Bat Virus Discovered
00:39:10 - Prosus CEO on Why They Bought Just Eat Takeaway
00:45:04 - German Election: How Many Seats are Required?
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