German stock futures and euro rise after Merz election win

European stock futures rose slightly following the CDU/CSU's expected victory in Germany's election. The euro increased by 0.3% to $1.0493. Friedrich Merz, the new conservative leader, must now form a coalition government. The uncertainty around coalition talks may delay decisions as EU leaders prepare for a summit on March 6 to discuss support for Ukraine and defense funding. Meanwhile, Asian markets saw a slight dip due to reduced trading activity. In the U.S., Wall Street futures gained as investors await Nvidia's earnings report. Concerns about inflation and tariffs have affected market sentiment, with expectations for core inflation data due on Friday.