Germany's Merz Vows to Stay After Record Election Loss
Friedrich Merz said he would remain as German chancellor after his Christian Democratic Union party posted it worst-ever result in a state election, failing to gain enough votes to win a single seat. The fallout has dealt a blow to Merz’s chancellorship, prompting calls among rank-and-file members to push Merz — who polls show is the least popular postwar German chancellor — out after only 16 months in office. The Opening Trade has everything you need to know as markets open across Europe. With…