{"id":14692,"date":"2021-10-05T09:04:01","date_gmt":"2021-10-05T09:04:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/05\/dax-edges-higher-in-cautious-trade-3\/"},"modified":"2021-10-05T09:04:01","modified_gmt":"2021-10-05T09:04:01","slug":"dax-edges-higher-in-cautious-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/05\/dax-edges-higher-in-cautious-trade-3\/","title":{"rendered":"DAX Edges Higher In Cautious Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks edged higher on Tuesday after IHS Markit&#8217;s final Purchasing Managers&#8217; Index (PMI) for the services sector came in at 56.2 versus a flash reading of 56.0. <\/p>\n<p>However, that was down from 60.8 in August as the pace of recovery in the services sector slowed. <\/p>\n<p>The benchmark DAX rose 31 points, or 0.2 percent, to 15,067 after losing 0.8 percent in the previous session. <\/p>\n<p>Lender Commerzbank rose about 1 percent and Deutsche Bank added 0.6 percent as bond yields surged to 18-month high.<\/p>\n<p>Infineon Technologies gained nearly 2 percent after confirming its 2021 revenue and segment result margin guidance. For fiscal 2022, the company expects strong revenue increase and a further margin uplift.<\/p>\n<p>Bayer dropped half a percent after the company unveiled plans to expand production capabilities in Turku, Finland. <\/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 Edges Higher In Cautious Trade<\/a><br \/>\n<br \/>2021-10-05 09:04:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks edged higher on Tuesday after IHS Markit&#8217;s final Purchasing Managers&#8217; Index (PMI) for the services sector came in at 56.2 versus a flash reading of 56.0. However, that&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-14692","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14692","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=14692"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14693"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}