{"id":13015,"date":"2021-08-17T08:59:47","date_gmt":"2021-08-17T08:59:47","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/17\/dax-slides-on-growth-worries\/"},"modified":"2021-08-17T08:59:47","modified_gmt":"2021-08-17T08:59:47","slug":"dax-slides-on-growth-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/17\/dax-slides-on-growth-worries\/","title":{"rendered":"DAX Slides On Growth Worries"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell on Tuesday as a spike in COVID-19 cases in Asia and elsewhere raised fears of a slowdown in global economic growth.<\/p>\n<p>Worries about tighter regulation in China also weighed on sentiment, with the country&#8217;s market regulator issuing draft rules today aimed at stopping unfair competition on the internet. <\/p>\n<p>A stronger dollar and a slide in Treasury yields underscored the risk-off mood ahead of a speech by Federal Reserve Chairman Jerome Powell.<\/p>\n<p>The benchmark DAX dropped 56 points, or 0.4 percent, to 15,869 after declining 0.3 percent on Monday. <\/p>\n<p>Cyclicals were coming under selling pressure, with lender Commerzbank losing 1.5 percent and Deutsche Bank falling 1.4 percent.<\/p>\n<p>Automakers BMW and Daimler fell over 1 percent while airline Lufthansa gave up 1.1 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Slides On Growth Worries<\/a><br \/>\n<br \/>2021-08-17 08:59:47<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Tuesday as a spike in COVID-19 cases in Asia and elsewhere raised fears of a slowdown in global economic growth. Worries about tighter regulation in China&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-13015","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13015","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=13015"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13016"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}