{"id":25328,"date":"2022-08-30T09:03:05","date_gmt":"2022-08-30T09:03:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/30\/dax-climbs-led-by-banks\/"},"modified":"2022-08-30T09:03:05","modified_gmt":"2022-08-30T09:03:05","slug":"dax-climbs-led-by-banks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/30\/dax-climbs-led-by-banks\/","title":{"rendered":"DAX Climbs Led By Banks"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks advanced on Tuesday after China said it would step up measures to boost demand and stabilize employment and prices in the second half of the year.<\/p>\n<p>The benchmark DAX rallied 170 points, or 1.3 percent, to 13,063 after declining 0.6 percent in the previous session. <\/p>\n<p>Banks topped the gainers list, with Commerzbank and Deutsche Bank rising more than 2 percent on expectations that they would benefit from higher interest rates. <\/p>\n<p>After a number of ECB officials spoke in favor of rate hikes, traders are now pricing in more than a two-thirds chance of a 75-basis-point move at the central bank&#8217;s September 8 policy meeting.<\/p>\n<p>Energy company Uniper rose over 1 percent after saying it had asked more financial help from the German government. <\/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 Climbs Led By Banks<\/a><br \/>\n<br \/>2022-08-30 09:03:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Tuesday after China said it would step up measures to boost demand and stabilize employment and prices in the second half of the year. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-25328","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\/25328","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=25328"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25329"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}