Germany: Oil and gold prices spike after Iranian general assassinated

W/S Trading floor of stock exchange, Frankfurt
M/S DAX performance index board
C/U DAX performance index board
C/U Trader from ICF Bank Arthur Brunner
M/S Employee on phone
SOT, Arthur Brunner, trader from ICF Bank: "After Donald Trump decided to eliminate an Iranian general in Baghdad, the markets reacted very nervously. Oil price rose two and a half per cent, the gold [price] rose one per cent, and what we see - the safe havens - are the markets that are dominated today."
M/S Traders
M/S Stock exchange floor
M/S Trader
SOT, Arthur Brunner, Trader from ICF Bank: "I think the situation will escalate. That's my fear. Iran announced that they will have 'deeper revenge' and that's what I'm afraid of."
W/S Stock exchange floor
M/S Traders
SOT, Arthur Brunner, Trader from ICF Bank: "If you are invested in an airline you are terrified because of the rising costs. What we see today, the biggest loser in the German index DAX is Lufthansa. We will see in the afternoon that in America the airlines will even be the biggest losers."
M/S Traders
SOT, Arthur Brunner, Trader from ICF Bank: "The most important cost factor for the airlines is the kerosene and when you see that the oil price is rising two and a half per cent today you see how important this is and how frightened they must be today."
M/S Traders
W/S Stock exchange floor
SCRIPT
Traders from the ICF Bank in Frankfurt have expressed their concerns and made predictions for the financial markets after a US airstrike in Iraq killed Iran's Quds Force General Qassem Soleimani on Friday.
ICF Bank trader Arthur Brunner confirmed that the markets "reacted very nervously" to the news in the Middle East.
"Oil price rose two and a half per cent, the gold [price] rose one per cent," Brunner said.
The biggest loser on the German stock exchange DAX was Lufthansa, with shares falling 6.5 per cent.
"We will see in the afternoon that in America the airlines will even be the biggest losers," he continued.
Oil prices rises "frighten" airline companies, who's biggest cost factor is kerosene.
Soleimani was killed in an airstrike at Baghdad's international airport in the early hours of Friday morning, alongside Jamal Jafaar Mohammed Ali Ebrahimi, the leader of Iraq's Popular Mobilization Forces (Hashd al-Shaabi).