US EditionEuropean Stock Markets Pessimistic Into the New Week
6 Articles
6 Articles
Stock prices on major European stock exchanges are mostly down today, the first day of the new week. This follows negative movements elsewhere in the world, which analysts say is a result of turmoil in the raw materials market. Not only are gold and silver continuing to appreciate after Friday's crash, but oil prices are also falling.
Nevertheless, the situation on the German stock market remains uncertain. Sales of precious metals could also lead to negative developments elsewhere.
The DAX gained ground at the start of the week. At the close of Xetra trading, the index stood at 24,797 points, a gain of 1.1 percent compared to the previous trading day. "While this morning it looked like gold, silver, Bitcoin, and even the DAX would continue the turbulence from Friday, the situation calmed down considerably across all asset classes as the day progressed," said Christine Romar, Head of Europe at CMC Markets. "It appears that …
The sell-off that began on Friday on the stock markets, which began after Donald Trump named Jerome Powell's successor, continues on Monday. In Asia, we can see a bigger drop led by the South Korean stock market on Monday morning, but precious metals in particular are looking very bad: gold and silver have both sunk to multi-week lows. Meanwhile, the price of oil is also falling, as tensions between the US and Iran seem to be easing. In Europe, …
The price of gold broke above $5,200 per ounce for the first time in history in the middle of last week, but fell almost 10 percent on Friday, and a further 3.5 percent this morning, to $4,545 per ounce.
After a volatile January, the most recent fluctuations in the German stock market could continue in February. At the start of the week, a nervous and volatile trading day for the DAX appears. After a further fall in gold, bitcoin and oil prices, the stock markets are recording lower prices worldwide. The German leading index ended last week at 24,538 points, [...] The post DAX and stock markets fall: stock market chaos at the start of the week a…
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