Due to Ukraine-US Tightening Concerns... Major European Stock Markets Plunge 3-4%

[Asia Economy International Desk Reporter] Major European stock markets plunged sharply on the 25th (local time). This was due to escalating geopolitical tensions surrounding Ukraine and growing concerns over US-driven tightening.

On this day, Germany's Frankfurt stock exchange DAX30 index closed at 15,011.13, down 3.80% from the previous trading day's closing price. France's Paris stock exchange CAC40 index ended the session at 6,787.79, down 3.97%. The UK's London FTSE 100 recorded 7,297.15, a decline of 2.63%. The pan-European Euro Stoxx50 index also fell 4.14% from the previous close, finishing at 4,054.36.

The market was highly alert to the potential impact of the Ukraine crisis on the global economy. With Russia recently amassing over 100,000 troops near the Ukraine border, major governments including the US and the UK have strengthened preparedness by ordering the families of embassy staff stationed in Ukraine to evacuate.

Additionally, investors have been continuing massive sell-offs amid concerns that US-driven tightening measures will accelerate ahead of the US Federal Reserve's Federal Open Market Committee (FOMC) regular meeting scheduled for the 25th-26th.