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Due to the War with Iran, Germany Is Falling Into the Abyss: DAX Lost About 150 Billion Euros
7 Articles
7 Articles
Burning oil fields and quasi-blockade of the Strait of Hormus: The US-Israel-Iran war pushed the oil price to the highest level on Monday since July 2022. The European leading stock exchanges have therefore come under strong pressure. On Monday shortly after the start of trading, the ATX recorded 2.77 percent lower than on Friday. The Euro-Stoxx-50 lost 2.79 percent shortly after the start of trading and dropped to 5.560.33 points. In Frankfurt,…
Due to the war with Iran, Germany is falling into the abyss: DAX lost about 150 billion euros
The US and Israeli attack on Iran led to a sharp drop in the German stock market. Since the beginning of hostilities, the DAX index has declined by about 8%, which corresponds to a loss of about 150 billion euros in the market value of Germany's largest companies…
While the price of oil is rising, Swiss stocks are losing value. On the market, fear of stagflation is turning around.
Frankfurt – Oil prices are rising! Due to the worsening situation in the Middle East, the price of a barrel of crude oil from the North Sea brand climbed...
The Iran war continues to cause great uncertainty on the global stock exchanges. Investors are insecure. Nevertheless, an expert advises: calm blood.
From the Morning News of the Vienna private bank: "The Vienna stock market has once again given way to the end of a weak week. Furthermore, the Iran war and the associated oil price surge weigh heavily on the world exchanges. After a renewed stabilising attempt in early trade had failed at the same time as the rising oil prices, the ATX closed 0.62 percent lower to 5.403.65 points. On a weekly basis this means a drop of 5.2 percent. In the war o…
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