{"id":12080,"date":"2021-07-21T08:56:24","date_gmt":"2021-07-21T08:56:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/21\/dax-rises-with-ecb-meeting-in-focus\/"},"modified":"2021-07-21T08:56:24","modified_gmt":"2021-07-21T08:56:24","slug":"dax-rises-with-ecb-meeting-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/21\/dax-rises-with-ecb-meeting-in-focus\/","title":{"rendered":"DAX Rises With ECB Meeting In Focus"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks advanced on Wednesday as travel stocks rebounded after recent string of losses. <\/p>\n<p>The focus shifted to the European Central Bank policy meeting on Thursday, with the central bank expected to announce the outcome of an 18-month strategic review. <\/p>\n<p>President Christine Lagarde hinted at a change to the bank&#8217;s forward guidance last week, reflecting the slightly higher tolerance for inflation in the new strategy.<\/p>\n<p>The benchmark DAX jumped 120 points, or 0.8 percent, to 15,336 after closing 0.6 percent higher on Tuesday. <\/p>\n<p>Banks paced the gainers, with both Commerzbank and Deutsche Bank rising around 2 percent. <\/p>\n<p>Travel-related stocks were also on the rise, with airline Lufthansa climbing 2.6 percent. <\/p>\n<p>Business software group SAP fell nearly 2 percent despite raising its revenue forecast. <\/p>\n<p>Mercedes-Benz maker Daimler AG lost 1 percent after a warning that a global shortage of semiconductor chips will continue in the second half of 2021. <\/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 Rises With ECB Meeting In Focus<\/a><br \/>\n<br \/>2021-07-21 08:56:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Wednesday as travel stocks rebounded after recent string of losses. The focus shifted to the European Central Bank policy meeting on Thursday, with the central bank&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-12080","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12080","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=12080"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12081"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}