That has fallen slightly falling from 155. 2 versus reuters of 116. Remember, the 116 was the record level we hit back in july. Once again, we have a slight bit of a dip but by and large this is not too much of a fall. By and large german businesses have been quite resilient to some of the geopolitical stocks weve seen ill be speaking to the clemens fuest. Angela merkel has won a fourth term as chancellor while support for the far right surged they won 33 of the vote and will remain the Largest Group in parliament but the result marks the conservatives worst since 1949. Now the euro has slipped following the results as investors suggested the challenge that merkel faces to build a stable Coalition Government there you go 1. 1902 they are close to section lows down 4 . It seems like the euro is down more against the pound sterling. Youre seeing a little bit of nervousness around the task, very tricky task of perfeformint coalition and maybe less of a European Coalition addressing suppor
Independence referendum. The region pushing ahead with the historic ballot despite strong opposition from the u. N. And world powers. Defiant nfl players in the u. S. Protest in the wake of Donald Trumps controversial comments. The president lashing out at footballers who refused to stand during the National Anthem. Up we will look at how Angela Merkels unconvincing election win could have wider implications for the european economy. Stay with us. It has been n dubbed a nightmare victory. Germanys Angela Merkel has clinched a fourth term in power following sundays parliamentary elections. Allianceonservative took only 33 of the vote. The parties worst performance since 1949. The far rates the far rights party has made historic breakthrough with just under 13 of the vote. It is now the countrys thirdlargest Political Force to the centerleft social democrats suffered their worst results in decades. Lets hear from their leader. We see this 20. 5 result as a request to build a strong oppos
Road map begins. Stocks still on the high despite hiccups. Donald trump blast the nfl. Its having huge ripple effects and could have a large corporate impact. Facebook settling a lawsuit with investors but its trouble far from over. Revelations about what the company did and did not know when it comes to russian interference in the u. S. Election. Futures are moving lower have a positive week for stocks despite the dow being in the midst of a two session losing streak. Global markets reacting to developments out of germany. Merkel wins. The far right party will Enter Parliament for the first time, one of the cofounders says she will not sit in the caucus in the boon to stocks. Theyve got internal politics to work out over there. What a weekend of news, jim . Yeah, this european news i felt is collaring our markets much more than people realize. Why are these markets not reacting negatively . I think the more nationalists win, the more the parties in power feel like they have to spend,
The third place alternative for germany the far right afd. Who have made it into the bundestag for the very first time . So today on quadriga were examining the Election Results here in germany and to that significance for germany europe. And the rest of the world election twenty seventeen. Germany has voted in to discuss the latest developments im joined here in the studio. Five three astute observers of german politics beginning with venice ana. Who was for many years with germanys a all de tv network of one of the best known correspondents reporting . German politics. Bogen better. Also with us is alan poznaba a regular columnist for the berlin based newspaper de bell tyler allan and will most into to dws political corresponden. Michela could snap richard i would like to begin with you web pitzer victory for Angela Merkel she has secured what is and historic fourth term in office. Butter conservatives got the worst results since nineteen forty nine. Would you say. Yes well you have
Euro economy needs. We will hear from the fed chair janet yellen today. Welcome to bloomberg daybreak our flagship morning show right here in london. In a half hour time we will be , renato luliaceo jacob. T is another deal this time a 4ll explore options for billion drugmaker. Have alvin gentry alvogen , along with under other owners exploring options. The deal size could beat 4 billion. Aplenty. Als alvogenot unilever and on the pharma could pharmaceutical side. The u. S. Is wargaming four or five scenarios dealing with north korea. A clear message came through. We are not, and have not, declared war. Youhe bottom of your screen see a drop in value. The yuane falls as falls, they are holding back. , we areh korean won coming back. The white house has said we have not declared war on north korea. You have a cabinet response versus the trump rhetoric. The market is saying we are not running away on the runaway train of war in the markets. It is reflected in the risk rate of stocks. A l