After the recent recovery, the Dax suffered losses again on Monday. According to the Landesbank Helaba, Hamas’ attack on Israel is causing uncertainty, which is also causing oil prices to rise sharply. The surprisingly significant decline in German industrial production in August provided little impetus overall.
After the recent recovery, the Dax suffered losses again on Monday. According to the Landesbank Helaba, Hamas’ attack on Israel is causing uncertainty, which is also causing oil prices to rise sharply. The surprisingly significant decline in German industrial production in August provided little impetus overall.
In the first minutes of trading, the DAX fell by 0.50 percent to 15,153.15 points. This brings the most recent low since the end of March at 14,948 points back into focus. On Friday, the leading German index was able to curb its weekly deficit with significant gains following the monthly US labor market report. The MDax of medium-sized companies lost 0.59 percent to 25,252.76 points on Monday morning. The Eurozone leading index Eurostoxx 50 fell by 0.4 percent.
Two days after the massive attack on Israel by the Islamist Hamas, fighting continues. The Israeli Air Force bombed additional Hamas targets in the Gaza Strip, while the United States deployed an aircraft carrier and other warships to the eastern Mediterranean in response to the conflict.
Source: Stern
