Suche
Mein Konto
DAX loses due to Gaza conflict - investors remain cautious despite slight increase expected
Monday, October 30th, 2023 8:31 a.m. by wallstreet:online Central Editorial Concerns about the Gaza conflict and its possible spread in the Middle East are weighing on the mood on the German stock market at the beginning of the week. Despite investors' reluctance, the DAX is expected to start trading slightly above Friday's closing price, after losing 0.3 percent at 14,687 points before the weekend. Technical analysts are looking at last week's low of 14,630 points, the lowest level since March, and are speculating about possible further downside. “The longest series of losses since 2011 has not yet led to panic. But we are observing a pronounced...
DAX loses due to Gaza conflict - investors remain cautious despite slight increase expected
Monday, October 30, 2023 8:31 a.m
fromwallstreet:online central editorial office
Concerns about the Gaza conflict and its possible spread in the Middle East are weighing on the mood on the German stock market at the beginning of the week. Despite investors' reluctance, the DAX is expected to start trading slightly above Friday's closing price, after losing 0.3 percent at 14,687 points before the weekend. Technical analysts are looking at last week's low of 14,630 points, the lowest level since March, and are speculating about possible further downside. "The longest series of losses since 2011 has not yet led to panic. But we are observing pronounced uncertainty. An end-of-year rally may...
Read the full article now
More topics
According to a report by m.ariva.de,
The current political tensions in the Middle East have led to uncertainty on the German stock market. The DAX posted a 0.3 percent loss ahead of the weekend and is expected to enter trading this week with a slight rise. However, analysts are speculating about possible further downside as the DAX has hit its latest weekly low.
Political uncertainty in the Middle East may impact global markets and the financial industry. The possibility of a further downward trend in the DAX could lead to negative sentiment on international stock exchanges and unsettle investors. This could lead to a more cautious approach to investments and slow down activity in the market.
It is important to closely monitor political developments in the Middle East and analyze their potential impact on financial markets in order to make informed decisions and minimize potential risks.
Read the source article at m.ariva.de