DAX Tries to Bounce Back
Frankfurt’s DAX 40 edged up 0.3% to just above 25,000 on Friday, attempting to recover after two consecutive sessions of losses. Markets found some relief as oil prices declined and the bond selloff eased, with investors awaiting the latest Eurozone inflation data. Meanwhile, attention remained focused on the Middle East, where prospects for a truce between the United States and Iran appears increasingly distant. According to the Wall Street Journal, Washington is sending a third aircraft carrier to the Middle East with an additional 10,000 American troops.
3% to just above 25,000 on Friday, attempting to recover after two consecutive sessions of losses. Markets found some relief as oil prices declined and the bond selloff eased, with investors awaiting the latest Eurozone inflation data. Meanwhile, attention remained focused on the Middle East, where prospects for a truce between the United States and Iran appears increasingly distant. According to the Wall Street Journal, Washington is sending a third aircraft carrier to the Middle East with an additional 10,000 American troops.