{"id":15838,"date":"2021-11-08T08:57:23","date_gmt":"2021-11-08T08:57:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/08\/dax-holds-steady-on-economic-optimism\/"},"modified":"2021-11-08T08:57:23","modified_gmt":"2021-11-08T08:57:23","slug":"dax-holds-steady-on-economic-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/08\/dax-holds-steady-on-economic-optimism\/","title":{"rendered":"DAX Holds Steady On Economic Optimism"},"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 held steady on Monday as encouraging U.S. jobs as well as Chinese exports data offered fresh evidence that the global <span class=\"landLinks\">economy<\/span> is well on the recovery track. <\/p>\n<p>A trio of the top policymakers will give speeches, including Fed Vice Chair Clarida, Fed Chair Powell, and Fed Governor Bowman later today.<\/p>\n<p>In economic releases, EU&#8217;s Sentix investor confidence data will be released later in the session. <\/p>\n<p>The benchmark DAX was little changed at 16,048 after closing 0.2 percent higher on Friday. <\/p>\n<p>Cloud and ICT provider QSC AG was down 0.6 percent despite the company raising its fiscal 2021 EBITDA forecast.<\/p>\n<p>Henkel slumped 5.4 percent. The chemicals company expects FY21 earnings to be at the lower end of the guidance range. <\/p>\n<p>Covestro AG, a manufacture of high-tech polymer materials, climbed 1.8 percent after its third-quarter net income more than doubled to 472 million euros from last year&#8217;s 179 million euros. <\/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 Holds Steady On Economic Optimism<\/a><br \/>\n<br \/>2021-11-08 08:57:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks held steady on Monday as encouraging U.S. jobs as well as Chinese exports data offered fresh evidence that the global economy is well on the recovery track. A&#8230;<\/p>\n","protected":false},"author":2,"featured_media":15839,"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-15838","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15838","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=15838"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/15839"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=15838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=15838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=15838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}