Miner Company
DAX's Dead Cat Bounce May Have Ended, Watch 24,000 Downside Trigger
European equities have weakened sharply, with the Euro STOXX 50 falling 6% over two days before a modest rebound, while the DAX remains down 4.3% since February 27 amid heightened geopolitical tensions. Ongoing conflict involving Iran and military actions authorised in the United States Senate risk prolonging Middle East energy disruptions, potentially raising energy costs for the European Union and weighing on regional equities.
European equities have weakened sharply, with the Euro STOXX 50 falling 6% over two days before a modest rebound, while the DAX remains down 4.3% since February 27 amid heightened geopolitical tensions. Ongoing conflict involving Iran and military actions authorised in the United States Senate risk prolonging Middle East energy disruptions, potentially raising energy costs for the European Union and weighing on regional equities.