{"id":37476,"date":"2023-08-14T09:10:37","date_gmt":"2023-08-14T09:10:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/14\/dax-gains-in-cautious-trade\/"},"modified":"2023-08-14T09:10:37","modified_gmt":"2023-08-14T09:10:37","slug":"dax-gains-in-cautious-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/14\/dax-gains-in-cautious-trade\/","title":{"rendered":"DAX Gains In Cautious Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were seeing modest gains on Monday after having fallen sharply in the previous session on uncertainty about the outlook for U.S. inflation and interest rates. <\/p>\n<p>Closer home, Germany&#8217;s wholesale prices continued to decline in July, figures from Destatis showed earlier today. <\/p>\n<p>Wholesale prices posted an annual decline of 2.8 percent in July but slightly slower than the 2.9 percent fall in June. This was the fourth consecutive decline in prices.<\/p>\n<p>Month-on-month, wholesale prices dropped 0.2 percent, the same pace of decline as seen in June.<\/p>\n<p>The benchmark DAX was up 67 points, or 0.4 percent, at 15,898 after losing 1.1 percent on Friday. <\/p>\n<p>Automakers traded mostly higher, with BMW up nearly 1 percent and Volkswagen adding half a percent after Tesla rolled out a new round of price cuts in China. <\/p>\n<p>Adesso jumped 4.7 percent after reporting a surge in its first-half EBITDA profit and confirming FY23 outlook. <\/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 In Cautious Trade<\/a><br \/>\n<br \/>2023-08-14 09:10:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were seeing modest gains on Monday after having fallen sharply in the previous session on uncertainty about the outlook for U.S. inflation and interest rates. Closer home, Germany&#8217;s&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-37476","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\/37476","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=37476"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37477"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}