German politics is at its most volatile time since the establishment of the FRG (arguably). Coalition Talks between the CDU/CSU, Greens and Liberals just failed. Currently, there is just a market of who will be elected Chancellor in 2017. As of now, that is likely no one (no successful expected until early 2018).
Possible Market Suggestions: Will there be new elections? Will there be a minority government? Will Merkel resign? What coalition will be in power by 3/31/18?