{"id":12031,"date":"2021-07-20T08:55:16","date_gmt":"2021-07-20T08:55:16","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/20\/dax-rebounds-on-growth-optimism-2\/"},"modified":"2021-07-20T08:55:16","modified_gmt":"2021-07-20T08:55:16","slug":"dax-rebounds-on-growth-optimism-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/20\/dax-rebounds-on-growth-optimism-2\/","title":{"rendered":"DAX Rebounds On Growth Optimism"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks rebounded on Tuesday amid optimism over economic and earnings growth. <\/p>\n<p>The benchmark DAX climbed 134 points, or 0.9 percent, to 15,267 after losing 2.6 percent in the previous session on worries about the spread of the highly contagious <span class=\"landLinks\">coronavirus<\/span> variants in more countries. <\/p>\n<p>Banks were moving higher, with Commerzbank rising 1.3 percent and Deutsche Bank climbing 1 percent. <\/p>\n<p>In economic releases, German producer prices grew 8.5 percent on a yearly basis in June, bigger than the 7.2 percent rise posted in May, data published by Destatis revealed. <\/p>\n<p>Economists had forecast an increase of 8.4 percent. This was the fastest rise since January 1982, when prices grew sharply amid second oil crisis.<\/p>\n<p>On a monthly basis, overall producer price inflation eased to 1.3 percent from 1.5 percent in May. The rate was expected to slow to 1.1 percent. <\/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 Rebounds On Growth Optimism<\/a><br \/>\n<br \/>2021-07-20 08:55:16<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks rebounded on Tuesday amid optimism over economic and earnings growth. The benchmark DAX climbed 134 points, or 0.9 percent, to 15,267 after losing 2.6 percent in the previous&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12031","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=12031"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12032"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}