{"id":13058,"date":"2021-08-18T09:09:49","date_gmt":"2021-08-18T09:09:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/18\/dax-edges-lower-ahead-of-fomc-minutes\/"},"modified":"2021-08-18T09:09:49","modified_gmt":"2021-08-18T09:09:49","slug":"dax-edges-lower-ahead-of-fomc-minutes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/18\/dax-edges-lower-ahead-of-fomc-minutes\/","title":{"rendered":"DAX Edges Lower Ahead Of FOMC Minutes"},"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 fell in cautious trade on Wednesday as concerns about COVID-19 continued to weigh and investors awaited the latest Federal Reserve minutes to gauge the direction of monetary policy.<\/p>\n<p>Fed Chair Jerome Powell said at a town hall meeting on Tuesday that it remains to be seen how the U.S. <span class=\"landLinks\">economy<\/span> will weather the recent COVID-19 surge.<\/p>\n<p>Separately, Minneapolis Federal Reserve President Neel Kashkari said there still is &#8220;a lot of slack&#8221; in the U.S. labor market and high inflation readings will subside as workers return to the labor force.<\/p>\n<p>The benchmark DAX dropped 44 points, or 0.3 percent, to 15,877 after finishing marginally lower the previous day. <\/p>\n<p>Automakers fell the most, with BMW, Daimler and Volkswagen losing 1-2 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 Edges Lower Ahead Of FOMC Minutes<\/a><br \/>\n<br \/>2021-08-18 09:09:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell in cautious trade on Wednesday as concerns about COVID-19 continued to weigh and investors awaited the latest Federal Reserve minutes to gauge the direction of monetary policy&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":13059,"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-13058","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13058","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=13058"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13059"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}