FRANKFURT (dpa-AFX) – Following the US attack on Iranian nuclear facilities, investors’ geopolitical concerns are likely to grow again on Monday. The DAX fell by 0.55 percent to 23,222 points in the opening minutes. The German benchmark index thus approached its Friday low again and a renewed test of its 50-day moving average. The MDax fell by 0.65 percent to 29,175 points. The Eurozone benchmark index EuroStoxx lost just under half a percent in value.
Over the weekend, the US joined Israel’s war against Iran and bombed underground Iranian nuclear facilities. US President Donald Trump’s actions are raising international fears of an escalation of the war in the Middle East. With the surprisingly swift attack, the United States bypassed European countries that had been in talks with Tehran on Friday about further negotiations in the dispute over Iran’s nuclear program.
According to ING experts, the big question now is…
