German Stocks Tumble On Middle East War Concerns, Weak Data; DAX Down 1.3%

German equities fell sharply on Monday after an escalation in the Middle East conflict and an unexpected drop in German industrial production in January, accompanied by a sharp decline in factory orders. Rising oil prices lifted inflation fears, prompting risk-off flows that weighed on the market.

Analysis

German equities fell sharply on Monday after an escalation in the Middle East conflict and an unexpected drop in German industrial production in January, accompanied by a sharp decline in factory orders. Rising oil prices lifted inflation fears, prompting risk-off flows that weighed on the market.