{"id":44816,"date":"2024-03-14T08:55:33","date_gmt":"2024-03-14T08:55:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/14\/dax-gains-on-hopes-of-spring-rate-cut\/"},"modified":"2024-03-14T08:55:33","modified_gmt":"2024-03-14T08:55:33","slug":"dax-gains-on-hopes-of-spring-rate-cut","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/14\/dax-gains-on-hopes-of-spring-rate-cut\/","title":{"rendered":"DAX Gains On Hopes Of Spring Rate Cut"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks edged higher on Thursday amid bets that the European Central Bank will likely lower borrowing costs in the spring. <\/p>\n<p>&#8220;It&#8217;s perhaps more probable in June \u2014 we are very pragmatic and will see depending on the data,&#8221; Bank of France Governor Francois Villeroy de Galhau said on France Info radio. Spring in Europe is from April to June 21.<\/p>\n<p>The benchmark DAX was up 37 points, or 0.2 percent, at 17,998 after ending flat with a negative bias on Wednesday. <\/p>\n<p>In corporate news, K&amp;S jumped 5 percent after the salt and potash miner beat expectations on annual results and offered better-than-expected guidance. <\/p>\n<p>Container shipper Hapag-Lloyd dropped nearly 2 percent after warning of a fall in earnings this year. <\/p>\n<p>Electricity producer RWE rose about 1 percent after leaving its guidance unchanged. <br \/>Specialty chemicals maker Lanxess slumped 11 percent after reporting a wider Q4 loss. <\/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 Gains On Hopes Of Spring Rate Cut<\/a><br \/>\n<br \/>2024-03-14 08:55:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks edged higher on Thursday amid bets that the European Central Bank will likely lower borrowing costs in the spring. &#8220;It&#8217;s perhaps more probable in June \u2014 we are&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-44816","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44816","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=44816"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44817"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}