New Zealand: Electronic Card Retail Sales (MoM) (Apr): 0.6% vs -0.5%

With German elections still a long way to go until they take place in September this year, “the financial markets are not yet fully focused on this key event but the general consensus at this early stage would appear to be leaning toward an outcome of either another CDU-FDP coalition, or potentially a grand coalition with the CDU-SPD like between 2005-2009,” the Bank of Tokyo-Mitsubishi UFJ points out.