German stocks sink after foreign min puts Nord Stream 2 on the table

The German DAX is down 1.3% at a session low.

The selling started on the evacuation order in Donbass from separatists but adding to it is a comment from German foreign minister Baerbock. She said they are prepared to pay a high economic price and unprecedented sanctions on Russia. She said all options Options Options represent a contract that enables investors to buy or sell underlying instruments such as security, exchange-traded funds (ETFs) or indices at a certain price over a certain period of time. Buying and selling options can be done on the options market, which trades contracts based on securities. When trading options, the price of the option is thus a percentage of the underlying asset or security.Investors who purchase an option are able to buy shares at a later time and are known as a ca Options represent a contract that enables investors to buy or sell underlying instruments such as security, exchange-traded funds (ETFs) or indices at a certain price over a certain period of time. Buying and selling options can be done on the options market, which trades contracts based on securities. When trading options, the price of the option is thus a percentage of the underlying asset or security.Investors who purchase an option are able to buy shares at a later time and are known as a ca Read this Term are on the table, including Nord Stream 2.

In the past two weeks, Biden has said that pipeline 'will not happen' if Russia invades but it's not a US decision. When Biden first made that comment, he was with his German counterpart who was careful not to confirm it. Obviously 'on the table' does not mean it's the first option, but that's as far as German officials have gone so far.

The problem with sanctioning the pipeline or closing it, is that it hurts Europe more than Russia. The winner would be US and other global LNG exporters.