{"id":11219,"date":"2021-06-25T08:11:07","date_gmt":"2021-06-25T08:11:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/dax-inches-lower-in-cautious-trade\/"},"modified":"2021-06-25T08:11:07","modified_gmt":"2021-06-25T08:11:07","slug":"dax-inches-lower-in-cautious-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/dax-inches-lower-in-cautious-trade\/","title":{"rendered":"DAX Inches Lower In Cautious Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were little changed in cautious trade on Friday, as investors weighed optimism over region&#8217;s economic recovery against fears of an early taper. <\/p>\n<p>The downside, if any, was limited after data showed German consumer confidence is set to improve in July. <\/p>\n<p>GfK said its forward-looking consumer sentiment index rose more-than-expected to -0.3 in July from revised -6.9 in June as the country eased the lockdown restrictions. The reading was the highest since August 2020. The expected score was -4.0.<\/p>\n<p>The economic and income expectations increased significantly while the propensity to buy showed moderate growth.<\/p>\n<p>Sharply falling incidences and significant advances in vaccination allow more extensive loosening or opening of the <span class=\"landLinks\">economy<\/span>, Rolf B\u00fcrkl, GfK consumer expert, said.<\/p>\n<p>The benchmark DAX was down 10 points at 15,578 after gaining 0.9 percent on Thursday.<\/p>\n<p>Banks Commerzbank and Deutsche Bank were seeing modest gains after Reuters reported that Credit Suisse was considering a potential merger with UBS. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Inches Lower In Cautious Trade<\/a><br \/>\n<br \/>2021-06-25 08:11:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were little changed in cautious trade on Friday, as investors weighed optimism over region&#8217;s economic recovery against fears of an early taper. The downside, if any, was limited&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-11219","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11219"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11220"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}