GERMANY: Klingbeil: Eyeing Debt Brake Exemption For Raw Material Fund

Feb-13 16:19

"*GERMANY MULLS DEBT BRAKE EXEMPTION TO BOOST RAW MATERIAL FUND" Bloomberg
"*GERMAN FINANCE MINISTER KLINGBEIL COMMENTS ON BLOOMBERG TV" 

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FED: US TSY 17W AUCTION: NON-COMP BIDS $513 MLN FROM $69.000 BLN TOTAL

Jan-14 16:15
  • US TSY 17W AUCTION: NON-COMP BIDS $513 MLN FROM $69.000 BLN TOTAL

SONIA OPTIONS: M6 Call Spread Buyer

Jan-14 16:14

SFIM6 96.80/96.95 call spread, paper pays 1 for 11k all day

CANADA: Quebec Premier Legault To Stand Down-La Presse

Jan-14 16:02

Quebec Premier Francois Legault is set to stand down, according to French-language outlet La Presse. Following a summons to members of his conservative Quebec nationalist Coalition Avenir Québec (Coalition for the Future of Quebec, CAQ) sent at 09:45ET, La Presse reports widespread expectations that Legault will announce his resignation in a Quebec City presser at the top of the hour. 

  • Quebec must hold elections to its National Assembly by 5 October at the latest. After securing majorities in the 2018 and 2022 elections, support for the CAQ has plummeted to the point it now sits in third or fourth place in most opinion polls, behind the sovereigntist centre-left Parti Québécois, the centre-left Quebec Liberal Party, and the right-wing Conservative Party of Quebec. As the Montreal Gazette noted in Nov 2025, "...voter intention seems to be returning to the political dynamic that prevailed in Quebec for more than four decades, when the fight for power was a duel between the PQ and the Liberals."
  • Legault's efforts to push for a Quebec Provincial Constitutional Act have proved controversial, while a new law on doctors' compensation has sparked a backlash in the healthcare sector.
  • Legault is the founder of the CAQ, and up until the end of last year, insisted he intended to run in the 2026 election. There is no clear successor or succession plan, meaning the party faces significant upheaval in finding its second-ever leader ahead of the provincial vote.