European markets fall over 2% on Middle East turmoil as oil price surges
17 Articles
17 Articles
The outbreak of war in the Middle East has worsened investor sentiment in the eurozone. The investor confidence index in eurozone countries fell from +4.2 to -3.1 points this month, hitting a three-month low, according to the results of a regular monthly survey by the German market research institute Sentix, published today.
Hong Kong, China. The stock exchanges plummeted on March 9 and oil prices skyrocketed by 30%, briefly touching the $120 a barrel, in the face of fears caused by the war in the Middle East, which enters its second week with no sign of truce.With the prospect of a war impact on the global economy, the Asian stock exchanges extended last week's losses.The Seoul Stock Exchange, which this year had had a strong performance by its technology companies…
The performance of the European governments' securities has been emphasised
A few hours earlier, the Asian Stock Exchanges also stalled in the face of persistent tensions in the Gulf and dramatic oil spills.
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