Iran Escalation Pressures DAX; Index Seen 0.6% Lower

A new escalation in the Persian Gulf is set to weigh on German equities, with the DAX indicated about 0.6% lower ahead of the open. The move reflects risk-off sentiment from heightened conflict risk, though the specific trigger and scope of the escalation remain unspecified. This marks a continuation of market sensitivity to Gulf tensions, with the magnitude of the impact dependent on further developments.