Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
CryptoWorld News reports that Jörg Kremer, an analyst at German Commercial Bank, pointed out in a report that the Iran war has put enormous pressure on the German economy.
In April, the Ifo Business Climate Index plummeted to 84.4, down from 86.3 a month earlier.
Rising energy prices have severely damaged market confidence and economic activity, leading German Commercial Bank to revise down Germany's economic growth forecast for 2026 to 0.6%, or only 0.3% when adjusted for working days.
Kremer stated, “Every day of disruption in oil transportation through the Strait of Hormuz increases the risk of recession.”
He also added that although the German government has implemented strong fiscal stimulus measures, the lack of widespread reforms, the ongoing adverse effects of U.S. tariffs, and energy shocks have largely offset the effectiveness of these measures.