{"id":63843,"date":"2025-09-02T08:53:44","date_gmt":"2025-09-02T08:53:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/02\/dax-drifts-lower-ahead-of-key-inflation-data\/"},"modified":"2025-09-02T08:53:44","modified_gmt":"2025-09-02T08:53:44","slug":"dax-drifts-lower-ahead-of-key-inflation-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/02\/dax-drifts-lower-ahead-of-key-inflation-data\/","title":{"rendered":"DAX Drifts Lower Ahead Of Key Inflation 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 fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day. <\/p>\n<p>Germany&#8217;s 30-year yield climbed to a 14-year high, tracking a rise in U.S. Treasury yields ahead of key U.S. manufacturing and services activity data as well as the all-important nonfarm payrolls report, due this week. <\/p>\n<p>The benchmark DAX fell 1.1 percent to 23,779 after climbing 0.6 percent on Monday.<\/p>\n<p>DEUTZ shares surged nearly 6 percent. The engine manufacturer has agreed to acquire the Sobek Group, a specialist in drone propulsion systems. <\/p>\n<p>Chemical company BASF was moving lower after it has extended a long-term supply contract for cathode active materials produced at its Schwarzheide facility. <\/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 Drifts Lower Ahead Of Key Inflation Data<\/a><br \/>\n<br \/>2025-09-02 08:53:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell sharply on Tuesday while the euro pulled back from recent highs ahead of Eurozone inflation data due later in the day. Germany&#8217;s 30-year yield climbed to a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":63844,"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-63843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63843","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=63843"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/63844"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=63843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=63843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=63843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}