{"id":8185,"date":"2021-03-19T09:05:15","date_gmt":"2021-03-19T09:05:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/19\/dax-slides-on-inflation-concerns\/"},"modified":"2021-03-19T09:05:15","modified_gmt":"2021-03-19T09:05:15","slug":"dax-slides-on-inflation-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/19\/dax-slides-on-inflation-concerns\/","title":{"rendered":"DAX Slides On Inflation Concerns"},"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 on Friday as benchmark U.S. Treasury yield rose past 1.7 percent, raising concerns about inflation and stock valuations.<\/p>\n<p>The benchmark DAX dropped 59 points, or 0.4 percent, to 14,716 after rallying 1.2 percent the previous day.<\/p>\n<p>Banks Commerzbank and Deutsche Bank fell 1 percent and half a percent, respectively while automaker BMW lost 2.3 percent and Daimler gave up 1.5 percent. <\/p>\n<p>In economic releases, German producer prices rose for the third straight month in February, data from Destatis showed.<\/p>\n<p>The producer price index increased 1.9 percent year-on-year in February, following a 0.9 percent rise in January.<\/p>\n<p>Excluding energy, producer prices rose 1.4 percent annually in February. Energy prices grew 3.7 percent.<\/p>\n<p>On a monthly basis, producer prices rose 0.7 percent in February, after a 1.4 percent increase in the previous month. <\/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 Slides On Inflation Concerns<\/a><br \/>\n<br \/>2021-03-19 09:05:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Friday as benchmark U.S. Treasury yield rose past 1.7 percent, raising concerns about inflation and stock valuations. The benchmark DAX dropped 59 points, or 0.4 percent,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8186,"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-8185","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8185","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=8185"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8186"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}