{"id":37360,"date":"2023-08-10T08:59:08","date_gmt":"2023-08-10T08:59:08","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/10\/dax-gains-ahead-of-us-inflation-data-2\/"},"modified":"2023-08-10T08:59:08","modified_gmt":"2023-08-10T08:59:08","slug":"dax-gains-ahead-of-us-inflation-data-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/10\/dax-gains-ahead-of-us-inflation-data-2\/","title":{"rendered":"DAX Gains Ahead Of US Inflation Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks traded higher on Thursday, with the latest batch of corporate earnings and upcoming U.S. inflation data in focus. <\/p>\n<p>The benchmark DAX was up 0.6 percent at 15,951 after gaining half a percent the previous day. <\/p>\n<p>Engineering group Siemens plunged 5.4 percent after missing profit forecasts in its latest quarter. <\/p>\n<p>Industrial conglomerate Thyssenkrupp rallied 3.9 percent after saying it was now targeting the upper end of its operating profit outlook range in 2023.<\/p>\n<p>Insurer Allianz climbed 3.3 percent after it posted a better-than-expected 18 percent rise in second-quarter net profit.<\/p>\n<p>Hapag Lloyd fell nearly 3 percent. The container shipper posted a 67 percent fall in first-half profit. <\/p>\n<p>Biopharmaceutical group MorphoSys dropped 1 percent after it revealed a loss for the second quarter. <\/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 Gains Ahead Of US Inflation Data<\/a><br \/>\n<br \/>2023-08-10 08:59:08<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks traded higher on Thursday, with the latest batch of corporate earnings and upcoming U.S. inflation data in focus. The benchmark DAX was up 0.6 percent at 15,951 after&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-37360","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37360","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=37360"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37361"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}