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DAX under pressure: Israel is allegedly attacking Iran
Current developments on the stock market: DAX-FLASH shows significant decline as Israel reacts to suspected Iran attack. Stay informed! #DAX #Israel #Iran #stock market
DAX under pressure: Israel is allegedly attacking Iran
The Dax is facing its third weak weekly close in a row, with a decline of 1.7 percent to 17,533 points according to broker IG. This corresponds to a correction of 5.5 percent since the record high at the beginning of the month. The 50-day line as support could fall. The situation in the Middle East continues to deteriorate as Israeli missiles reportedly hit targets in Iran in response to Iran's direct attack on Israel. Iran reports activated air defenses in some provinces.
After an initial shock, the Dax rose on Monday as Iran's attack was seen as limited. Nevertheless, the geopolitical situation, together with concerns about interest rate developments in the USA, remain a negative factor. The situation remains dynamic and investors are keeping an eye on developments in the Middle East while the impact on international financial markets remains to be seen.
The Israeli government's response to the Iranian attack marks an escalation in an already tense conflict that could affect the global geopolitical balance. The unpredictability of the situation in the Middle East is impacting investment decisions and uncertainty is weighing on markets worldwide. The international community is closely monitoring developments to assess possible impacts on the stability of the region.