The Escalating Middle East Conflict Causes Declines Despite Strong ZEW Data, Green Energy Stocks Plunge Following US tax Plans, TotalEnergies in Demand After oil Price Surge, Barclays Raises NVIDIA’s Price Target to $200!
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The DAX continues to be under pressure on Tuesday afternoon after a weak opening, but it can somewhat mitigate its significant losses at the start of trading to -1.24% thanks to much better-than-expected ZEW data . The ZEW economic expectations for June were reported at 47.5 points , a significantly better value than expected (consensus: 35.0 points). The escalated conflict between Israel and Iran is proving to be a burden again, with some market observers fearing a possible intervention by the USA on the side of Israel. Given a potential escalation...
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