{"id":16253,"date":"2021-11-19T09:00:18","date_gmt":"2021-11-19T09:00:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/19\/dax-modestly-higher-on-economic-optimism\/"},"modified":"2021-11-19T09:00:18","modified_gmt":"2021-11-19T09:00:18","slug":"dax-modestly-higher-on-economic-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/19\/dax-modestly-higher-on-economic-optimism\/","title":{"rendered":"DAX Modestly Higher 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 were modestly higher on Friday as strong earnings and broader optimism about economic recovery helped investors look past a surge in new <span class=\"landLinks\">coronavirus<\/span> infections. <\/p>\n<p>German Chancellor Angela Merkel on Thursday announced limits on public life for the unvaccinated, saying the move is necessary to tackle a &#8220;very worrying&#8221; fourth wave of the pandemic. <\/p>\n<p>Meanwhile, Germany&#8217;s producer prices rose at the fastest pace since 1951, data released by Destatis showed.<\/p>\n<p>Producer prices increased 18.4 percent year-on-year in October, following a 14.2 percent rise in September. Prices were expected to gain 16.2 percent.<\/p>\n<p>This was the highest growth since November 1951, when prices surged 20.6 percent.<\/p>\n<p>On a monthly basis, producer prices gained 3.8 percent, following a 2.3 percent increase in the previous month. Economists had forecast a rise of 1.9 percent.<\/p>\n<p>The benchmark DAX rose 45 points, or 0.3 percent, to 16,267 after ending 0.2 percent lower on Thursday. <\/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 Modestly Higher On Economic Optimism<\/a><br \/>\n<br \/>2021-11-19 09:00:18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were modestly higher on Friday as strong earnings and broader optimism about economic recovery helped investors look past a surge in new coronavirus infections. German Chancellor Angela Merkel&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16254,"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-16253","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16253","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=16253"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16254"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}