{"id":39668,"date":"2023-10-18T08:53:04","date_gmt":"2023-10-18T08:53:04","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/10\/18\/dax-marginally-lower-on-middle-east-concerns\/"},"modified":"2023-10-18T08:53:04","modified_gmt":"2023-10-18T08:53:04","slug":"dax-marginally-lower-on-middle-east-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/10\/18\/dax-marginally-lower-on-middle-east-concerns\/","title":{"rendered":"DAX Marginally Lower On Middle East Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were subdued on Wednesday, with concerns over rising oil prices and escalating tensions in the Middle East keeping investors nervous. <\/p>\n<p>On the positive side, China reported better-than-expected GDP, retail sales and industrial output data, suggesting that Beijing&#8217;s stimulus measures to prop up banking and property sectors are gaining traction.<\/p>\n<p>The benchmark DAX was down 15 points at 15,236 after ending on a flat note Tuesday. <br \/>Sportswear firm Adidas jumped more than 4 percent after raising its 2023 revenue guidance. <\/p>\n<p>Infineon Technologies rose 0.6 percent. The German semiconductor maker, Hyundai Motor Co., and Kia Corp. have signed a multi-year supply deal for silicon carbide and silicon power semiconductors. The financial terms of the agreement were not disclosed. <\/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 Marginally Lower On Middle East Concerns<\/a><br \/>\n<br \/>2023-10-18 08:53:04<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were subdued on Wednesday, with concerns over rising oil prices and escalating tensions in the Middle East keeping investors nervous. On the positive side, China reported better-than-expected GDP,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":39669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-39668","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\/39668","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=39668"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/39668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/39669"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=39668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=39668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=39668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}