{"id":7371,"date":"2021-02-09T09:11:51","date_gmt":"2021-02-09T09:11:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/09\/dax-edges-lower-in-lackluster-trade\/"},"modified":"2021-02-09T09:11:51","modified_gmt":"2021-02-09T09:11:51","slug":"dax-edges-lower-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/09\/dax-edges-lower-in-lackluster-trade\/","title":{"rendered":"DAX Edges Lower In Lackluster Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks edged lower on Tuesday as investors booked profits from a recent rally powered by the vaccine rollouts, falling <span class=\"landLinks\">coronavirus<\/span> infections and U.S. stimulus hopes. The downside remained limited after data showed German exports rose in December.<\/p>\n<p>The benchmark DAX slid 20 points, or 0.2 percent, to 14,039 after finishing marginally higher the previous day. <\/p>\n<p>Travel firm TUI AG edged up slightly despite reporting a wider net loss for the first quarter of fiscal 2021.<\/p>\n<p>Osram Licht, the maker of lighting products, was marginally lower after announcing that it is looking to sell its digital <span class=\"landLinks\">business<\/span> unit. <\/p>\n<p>In economic releases, German exports rose marginally in December, data from Destatis revealed. Exports gained 0.1 percent month on month, slower than the 2.3 percent increase in November. Economists had forecast a monthly fall of 1 percent.<\/p>\n<p>At the same time, imports decreased 0.1 percent, following a 5.4 percent rebound logged a month ago. Imports were expected to decline more sharply by 1.1 percent.<\/p>\n<p>Year-on-year, exports advanced 2.7 percent, reversing a 1.2 percent drop in the previous month. At the same time, the annual growth in imports accelerated to 3.5 percent from 0.5 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/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 Lower In Lackluster Trade<\/a><br \/>\n<br \/>2021-02-09 09:11:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks edged lower on Tuesday as investors booked profits from a recent rally powered by the vaccine rollouts, falling coronavirus infections and U.S. stimulus hopes. The downside remained limited&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7372,"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-7371","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7371","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=7371"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7372"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}