German stock futures pointed to a 0.6% loss at the start of trading on Monday for the DAX 30 index after coalition talks broke down over the weekend. On Sunday, the pro-business Free Democrats halted talks with Chancellor Angela Merkel’s conservative Christian Democratic Union and the center-left Greens. Germany is now in the hands of a caretaker government and Merkel is without a majority in parliament. “This casts a huge shadow of uncertainty over all Europe. Decisions on everything from Brexit to sanctions on Russia will be more difficult and harder to predict,” said Marshall Gittler, chief strategist at ACLS Global, in a note to clients. The news rattled the euro, which fell sharply against the dollar , yen and British pound .
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