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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 19 Dec 2025 - - - #### Interesting view by HolgerZ on X "Chancellor Friedrich Merz has now suffered a setback in foreign policy as well. He was unable to push through the Mercosur trade deal – an agreement that matters greatly for Germany’s economy – and the plan to support Ukraine’s debt relies on the issuance of joint EU debt. As a result, Germany is slowly losing one of its last competitive advantages: its superior credit rating. The risk premium on EU bonds relative to German Bunds has narrowed sharply in recent weeks". Source: HolgerZ, Bloomberg [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Interesting view by HolgerZ on X](https://blog.syzgroup.com/hubfs/8-Dec-19-2025-03-49-56-6676-PM.jpg) ![Interesting view by HolgerZ on X](https://blog.syzgroup.com/hubfs/8-Dec-19-2025-03-49-56-6676-PM.jpg) 17 Dec 2025 - - - #### 🚨 In case you missed it: Europe just hit the brakes on the EV-only future 🚨 The "End of the Combustion Engine" was supposed to be 2035. But the reality of the market just forced a massive pivot. Here is what’s happening and why it matters for the global economy: 📉 The Pivot The EU has officially backed away from its 100% emissions reduction goal for 2035. Instead of a total ban on gasoline and diesel, they are targeting a 90% reduction. 🚗 What this means for Carmakers ICE is back on the menu: New gasoline, diesel, and plug-in hybrids can still be sold past 2035. Flexibility over Ideology: Companies can use low-carbon fuels or "green steel" to offset emissions rather than being forced into an all-electric lineup. Survival Mode: With Ford recently taking a $19.5 billion charge on its EV business, the industry is screaming: “We can't make the math work yet.” 🌍 The Bigger Picture Europe is aligning more with the U.S. approach. Between trade tensions with China and the economic reality of a struggling manufacturing sector, the EU is choosing industrial stability over rigid green targets. The Lesson: You can mandate a transition, but you can’t mandate consumer demand or profitability. Economic reality eventually catches up to policy. Is this a necessary lifeline for the European auto industry, or a dangerous step backward for the planet? Source: Bloomberg, Financial Post [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![🚨 In case you missed it: Europe just hit the brakes on the EV-only future 🚨](https://blog.syzgroup.com/hubfs/2-Dec-17-2025-02-49-03-2716-PM.jpg) ![🚨 In case you missed it: Europe just hit the brakes on the EV-only future 🚨](https://blog.syzgroup.com/hubfs/2-Dec-17-2025-02-49-03-2716-PM.jpg) 5 Dec 2025 - - - #### In Germany, Chancellor Merz is under growing pressure as business leaders warn that the country is in “free fall.” Peter Leibinger, head of the powerful BDI industry group, cautioned that every month w/o real structural reforms costs Germany jobs & prosperity – and sharply limits the government’s ability to act in the future. Source: Bloomberg, HolgerZ [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![In Germany, Chancellor Merz is under growing pressure as business leaders warn that the country is in “free fall.”](https://blog.syzgroup.com/hubfs/1-Dec-05-2025-01-53-26-8893-PM.jpg) ![In Germany, Chancellor Merz is under growing pressure as business leaders warn that the country is in “free fall.”](https://blog.syzgroup.com/hubfs/1-Dec-05-2025-01-53-26-8893-PM.jpg) 12 Nov 2025 - - - #### Germany creates a substantial infrastructure package and then allocate 50% of it to other purposes. At least, that's what a study finds. Source: FT [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Germany creates a substantial infrastructure package and then allocate 50% of it to other purposes.](https://blog.syzgroup.com/hubfs/4-Nov-12-2025-01-36-01-6377-PM.jpg) ![Germany creates a substantial infrastructure package and then allocate 50% of it to other purposes.](https://blog.syzgroup.com/hubfs/4-Nov-12-2025-01-36-01-6377-PM.jpg) 10 Nov 2025 - - - #### Germany, continues to lose ground on global stock markets. The market value of German equities has dropped to just 2% of total global market capitalisation, as the early-year momentum has completely faded. Source: HolgerZ, Bloomberg [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Germany, continues to lose ground on global stock markets.](https://blog.syzgroup.com/hubfs/5-Nov-10-2025-04-19-09-3642-PM.jpg) ![Germany, continues to lose ground on global stock markets.](https://blog.syzgroup.com/hubfs/5-Nov-10-2025-04-19-09-3642-PM.jpg) 3 Nov 2025 - - - #### China now runs a trade surplus in cars with the EU after many years in which it ran a deficit. Is a huge deflationary shock coming to the EU ? Maybe the ECB should recognize this and cut interest rates as aggressively as possible as a weaker Euro will help... Source: Robin Brooks [#europe|](https://blog.syzgroup.com/syz-the-moment/tag/europe) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![China now runs a trade surplus in cars with the EU after many years in which it ran a deficit.](https://blog.syzgroup.com/hubfs/7-Nov-03-2025-04-12-04-4472-PM.jpg) ![China now runs a trade surplus in cars with the EU after many years in which it ran a deficit.](https://blog.syzgroup.com/hubfs/7-Nov-03-2025-04-12-04-4472-PM.jpg) 30 Oct 2025 - - - #### 🚨 ECB hits pause again as economy shows resilience The European Central Bank kept rates on hold at 2% for the third straight meeting. 💶 Inflation is right on target at 2% 📉 Rates down from last year’s 4% peak 💪 Growth still holding up The ECB says Europe’s economy is proving resilient — supported by strong labor markets and healthy private balance sheets. But beneath the calm? ⚠️ Uncertainty from global trade tensions and geopolitics still clouds the outlook. [#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![🚨 ECB hits pause again as economy shows resilience](https://blog.syzgroup.com/hubfs/1761832024419.jpg) ![🚨 ECB hits pause again as economy shows resilience](https://blog.syzgroup.com/hubfs/1761832024419.jpg) 24 Oct 2025 - - - #### 🚨 Germany’s biggest carmaker is in trouble. Volkswagen is staring at a potential €11 billion cash shortfall next year — a gap big enough to derail its investment plans and EV transition. Half-year profits are down 33%, and cash flow has turned negative (€1.4 billion). What’s driving the crisis? 🇨🇳 Weak sales in China 🇺🇸 Tariffs from the U.S. ⚙️ Fierce competition from fast-moving Chinese EV makers Now, cuts are hitting everywhere — marketing, sales, and even R&D. The company may be forced to sell assets just to fund new models and technologies. Executives are calling it “particularly fatal” — hitting right as Volkswagen tries to shift from combustion engines to electric. The once-unshakable German auto powerhouse is learning the hard way: 🔋 The EV race isn’t just about innovation — it’s about survival. Source: https://lnkd.in/gC5NC2YH, Bild [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![🚨 Germany’s biggest carmaker is in trouble.](https://blog.syzgroup.com/hubfs/9-Oct-24-2025-02-23-59-2328-PM.jpg) ![🚨 Germany’s biggest carmaker is in trouble.](https://blog.syzgroup.com/hubfs/9-Oct-24-2025-02-23-59-2328-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/7) [6](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/6) [7](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/7) [8](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/8) [9](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/9) [10](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/10) [❯](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/9) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/55?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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