Market uncertainty is heightened by Iran's reaction to a unilateral U.S. declaration regarding the end of the Iran war. The DAX, which had seen significant losses on Friday, managed to hold steady on Monday, closing at 24,350 points. Tensions in the Strait of Hormuz, where the U.S. and Iran have exchanged attacks, contribute to investor nervousness.
U.S. Donald Trump criticized Iran's response, calling it "completely unacceptable." On his platform Truth Social, he wrote: "I just read the response from the so-called 'representatives' of Iran. I don't like it – COMPLETELY UNACCEPTABLE." These remarks highlight the tense situation between the two countries.
Iran, on the other hand, defended its response as legitimate and generous. The Iranian government emphasizes that it stands firm on its previous positions, complicating negotiations further. These developments could continue to weigh on the markets in the coming days.
