German Stocks Slump on Spiking Oil Prices and Hotter Inflation
The German DAX fell due to rising oil prices driven by Middle East tensions and hotter-than-expected German producer price inflation data for July.
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The German DAX fell due to rising oil prices driven by Middle East tensions and hotter-than-expected German producer price inflation data for July.
European markets showed mixed performance with slight gains in German government bonds contrasting with a minor decline in the Euro Stoxx 50 index, while Euribor rates remained stable.