{"id":14444,"date":"2021-09-28T09:03:33","date_gmt":"2021-09-28T09:03:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/28\/dax-retreats-on-weak-china-data\/"},"modified":"2021-09-28T09:03:33","modified_gmt":"2021-09-28T09:03:33","slug":"dax-retreats-on-weak-china-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/28\/dax-retreats-on-weak-china-data\/","title":{"rendered":"DAX Retreats On Weak China Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell notably on Tuesday, with a surge in government bond yields and weak industrial profits data from China denting sentiment. <\/p>\n<p>China&#8217;s industrial profit growth decelerated to 10.1 percent in August from a year earlier, the slowest pace since last September as high commodity prices pushed up costs while constraints including virus outbreaks and a chip shortage curbed production, official data showed earlier today. That compared with a 16.4 percent increase in the previous month. <\/p>\n<p>Closer home, German consumer confidence is set to improve in October, survey results from the market research group GfK showed.<\/p>\n<p>The forward-looking consumer confidence index rose to +0.3 points from -1.1 in September. The score was forecast to fall further to -1.5. GfK said the consumer climate has reached its highest level in almost a year and a half.<\/p>\n<p>The benchmark DAX fell 138 points, or 0.9 percent, to 15,435 after rising 0.3 percent in the previous session. <\/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 Retreats On Weak China Data<\/a><br \/>\n<br \/>2021-09-28 09:03:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell notably on Tuesday, with a surge in government bond yields and weak industrial profits data from China denting sentiment. China&#8217;s industrial profit growth decelerated to 10.1 percent&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-14444","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14444","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=14444"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14445"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}