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European Market Updates

DAX Extends Losses Amidst Hormuz Flare-up

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange extended losses on Thursday amidst a fresh round of hostilities between the U.S. and Iran on the issue of transit through the Strait of Hormuz.

The DAX benchmark has declined 1.1 percent to trade at 24,407.14 versus 24,671.54 at the previous close. The day's trading ranged between a high of 24,514.80 and a low of 24,384.75.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.