Iran attacked two American military bases of the US forces in Iraq with missiles tonight. It is still unclear whether there have been casualties (especially US casualties!). Donald Trump has tried to demonstrate serenity in a tweet. He wants to take a damage survey and then make a statement. Iran, in turn, speaks of 80 dead and threatens to attack Dubai (United Arab Emirates) and Haifa (Israel) in case of US strikes against Iran. What is decisive now is whether there have really been any US casualties. If so, the escalation should continue unchecked. The stock markets were shocked tonight, but then recovered somewhat after Trumps Tweet. Now they are waiting for the reaction of the US president.
The Gold price is currently proving robust. However, it could have slipped significantly from Friday evening and yesterday. Friday noon Gold was trading at $1,726, yesterday noon at $1,735, and now at $1,738. Let’s take […]
Like all “risk assets”, the Dax is under pressure today. Yesterday evening, after the strong start into the year, it still looked as if the German leading index would soon be able to rise to […]
How quickly times can change! Just a few weeks ago in the exuberance of feelings the US President spoke of his strong economy. The industry’s immunity to China’s revenge because of the small amount of […]