EUR/USD
1.16015
0.388%
Gold
4102.40
-0.326%
Oil
60.819
1.465%
USD/JPY
153.951
-0.112%
GBP/USD
1.31674
-0.055%
GBP/JPY
202.717
-0.156%
Real-time News
The Philadelphia Semiconductor Index fell 2%. Micron Technology (MU.O) fell 4.6%, Arm (ARM.O) fell 4%, and Nvidia (NVDA.O) fell 3.1%.European stocks rose broadly on November 11, as signs of progress in ending the record-breaking U.S. government shutdown propelled several regional indices to record highs. The pan-European Stoxx 600 index rose 1.1% to 578.85 points in afternoon trading, poised to close at a new record high. The narrower Eurozone blue-chip index, the Euro Stoxx 50, rose 1% to 5719.50 points, also on track for a new closing record. Meanwhile, the UKs FTSE 100 and Spains Ibex 35 indices rose 0.9% and 1.1% respectively, and are on track to surpass their record closing highs reached on Monday.The UK government has pledged £850 million for the Global Disease Initiative between 2026 and 2028, a 15% reduction from the previous funding round.On November 11, the Russian Federal Security Service (FSB) announced that it had thwarted a Ukrainian plot to hijack a Russian warplane. In response, Russia reportedly launched military strikes against Ukrainian intelligence agencies. The announcement stated that the Ukrainian Main Intelligence Directorate (GRU) and British intelligence planned to hijack a Russian MiG-31 fighter jet equipped with a Kinzhal hypersonic missile. The Ukrainian side attempted to recruit the Russian pilot, promising $3 million to fly the aircraft to a NATO airbase in Constanta, Romania, where it was feared it would be shot down by anti-aircraft weapons. In response, the Russian Aerospace Forces reportedly attacked the GRUs electronic reconnaissance center and the Old Konstantinov airport with Kinzhal missiles.November 11th - According to the German central bank, Germany must begin adjusting its borrowing limits from 2029 to ensure sound public finances in the long term. The German central bank has proposed a three-phase debt reduction plan and reiterated its call for better concentrating hundreds of billions of euros in spending on defense and infrastructure. The report, released on Tuesday, stated that the goal is to reliably safeguard sound public finances and public investment, comply with EU rules, and achieve relatively stable fiscal policy. The proposal envisions current credit limits remaining unchanged until 2029. The second phase will continue until 2035, with the structural deficit ratio gradually decreasing from approximately 4% in 2029 to 1% – this will also be achieved through increasingly funding defense spending without new loans. The final phase will begin in 2036, closely linked to the German central banks reform proposal in March, where additional borrowing capacity for the federal and state governments will depend on debt levels to firmly anchor it to the EU benchmark of 60%.
