The leading German index is on a downward trend this year – despite the recent recovery.
(Photo: Bloomberg Creative/Getty Images [M])
Frankfurt Investors remain cautious on Monday. In the afternoon, the Dax fluctuated sideways at 14,430 points around its closing level on Friday. The Eurozone leading index Eurostoxx50 was slightly down at 3917 points.
“I think in the short term the deciding factor will be what happens with the sanctions, whether or not they have peaked,” said Mark Haefele, chief investment officer at UBS Global Wealth Management. Chancellor Olaf Scholz has announced further sanctions against Russia because of allegations of Russian war crimes. Ukraine blames Russia for the deaths of dozens of civilians in the city of Bucha, north of Kyiv. Britain and France are also pushing for new sanctions.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
further
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
further