Currency
FTSE 100 Live: Germany’s Historic Fiscal Shift Cascades Through European Markets
marketsClosed Mar 5, 2025
It has been a truly historic day for European markets. Following a hectic session yesterday when tariffs caused global jitters, the action has been focused on the bond market.
Germany announced a generational change to its fiscal stance, unlocking hundreds of billions of euros for defence and infrastructure spending. That’s causing a fundamental realignment of how investors view Germany and, by extension, the European Union’s spending plans.
Tariffs have still played a part. The uncertainty around them has weighed on the dollar, sending the pound and the euro to the highest since November.
That’s all from us today. Join us here again tomorrow when we’ll be bringing you everything you need to know about UK markets. Until then have a great evening and you can email us at marketstoday@bloomberg.net.
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