{"id":50612,"date":"2024-09-17T08:46:10","date_gmt":"2024-09-17T08:46:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/09\/17\/dax-edges-higher-ahead-of-zew-data\/"},"modified":"2024-09-17T08:46:10","modified_gmt":"2024-09-17T08:46:10","slug":"dax-edges-higher-ahead-of-zew-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/09\/17\/dax-edges-higher-ahead-of-zew-data\/","title":{"rendered":"DAX Edges Higher Ahead Of ZEW Data"},"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 eked out modest gains on Tuesday ahead of the U.S. retail sales report due later in the day and the Federal Reserve&#8217;s interest-rate decision on Wednesday.<\/p>\n<p>Analysts remain divided over whether the Fed will cut rates by 25 or 50 basis points.<\/p>\n<p>A 25-bps rate cut could calm <span class=\"landLinks\">markets<\/span>, but a deeper one may raise concerns about an economic slowdown. <\/p>\n<p>Meanwhile, a measure of German economic sentiment due later in the day is expected to show a slight deterioration in September.<\/p>\n<p>ECB board member Elizabeth McCaul is set to speak at an event organized by the bank in Frankfurt, Germany.<\/p>\n<p>The benchmark DAX was up 60 points, or 0.3 percent, at 18,693 after declining 0.4 percent in the previous session.<\/p>\n<p>Banks traded mixed, with Deutsche Bank rising 1.1 percent while Commerzbank dropped half a percent. <\/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 Edges Higher Ahead Of ZEW Data<\/a><br \/>\n<br \/>2024-09-17 08:46:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks eked out modest gains on Tuesday ahead of the U.S. retail sales report due later in the day and the Federal Reserve&#8217;s interest-rate decision on Wednesday. Analysts remain&#8230;<\/p>\n","protected":false},"author":2,"featured_media":50613,"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-50612","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50612","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=50612"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/50613"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=50612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=50612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=50612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}