The leading German index had reached several new record highs in the last stock market year.
(Photo: Bloomberg Creative/Getty Images [M])
Dusseldorf The risks of a military conflict between Russia and Ukraine are gradually being priced in on the German stock market. Share prices are falling significantly, while oil prices are climbing towards the $100 mark and reaching new multi-year highs. The price of gold marks its highest level in nine months. Bond yields are falling sharply, signaling a calmer US rate hike.
The motto of the hour is: Get out of risky investments like stocks and bitcoin and into the so-called safe havens like gold and government bonds.
On the German stock market, the Dax slipped again significantly at the start of trading. There are more than 800 points between the daily high on Monday and the low on Tuesday. The situation calmed down slightly in morning trading: the leading index was at 14,570 points, a drop of only 1.1 percent.
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