FX.co ★ DAX Turns Negative

Frankfurt’s DAX 40 erased early gains and fell more than 1% to around 23,560 on Friday, moving in step with other major European indices amid ongoing volatility stemming from the Middle East crisis. The situation remains highly fragile, with hostilities among the United States, Israel, and Iran continuing and expanding to other countries in the region. Earlier in the session, sentiment had briefly improved as energy prices eased, following media reports that President Donald Trump is preparing a plan to safeguard energy supplies and stabilize crude prices.