{"id":37514,"date":"2023-08-15T09:00:44","date_gmt":"2023-08-15T09:00:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/15\/dax-slides-ahead-of-zew-statistics\/"},"modified":"2023-08-15T09:00:44","modified_gmt":"2023-08-15T09:00:44","slug":"dax-slides-ahead-of-zew-statistics","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/15\/dax-slides-ahead-of-zew-statistics\/","title":{"rendered":"DAX Slides Ahead Of ZEW Statistics"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks traded lower on Tuesday ahead of the German August ZEW survey results due later in the day. <\/p>\n<p>A cautious undertone prevailed as a raft of disappointing data from China stoked concerns over the shuttering <span class=\"landLinks\">economy<\/span>. <\/p>\n<p>The benchmark DAX dropped 103 points, or 0.7 percent, to 15,801 after rising half a percent in the previous session. <\/p>\n<p>The euro remained on defensive mode ahead of U.S. retail sales data due later in the day and Wednesday&#8217;s release of the minutes from the Fed&#8217;s latest policy meeting. <\/p>\n<p>Banks Commerzbank and Deutsche Bank fell around 1 percent each as bond yields across Europe jumped on data showing record U.K. wage growth in the three months to June. <\/p>\n<p>Real estate investment company Deutsche EuroShop was down about 1 percent despite lifting its FFO per share forecast for the 2023 financial year. <\/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 Slides Ahead Of ZEW Statistics<\/a><br \/>\n<br \/>2023-08-15 09:00:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks traded lower on Tuesday ahead of the German August ZEW survey results due later in the day. A cautious undertone prevailed as a raft of disappointing data from&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-37514","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37514","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=37514"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37515"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}