{"id":8191,"date":"2021-03-18T08:51:48","date_gmt":"2021-03-18T08:51:48","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/18\/dax-rallies-on-dovish-fed\/"},"modified":"2021-03-18T08:51:48","modified_gmt":"2021-03-18T08:51:48","slug":"dax-rallies-on-dovish-fed","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/18\/dax-rallies-on-dovish-fed\/","title":{"rendered":"DAX Rallies On Dovish Fed"},"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 rose sharply on Thursday after Federal Reserve officials took a dovish stance overnight, signaling that interest rates will remain unchanged until 2024.<\/p>\n<p>The benchmark DAX rallied 148 points, or about 1 percent, to 14,744 after rising 0.3 percent in the previous session. <\/p>\n<p>Automakers surged, with Volkswagen climbing 5.7 percent on reports that the Czech government is negotiating with the carmaker on construction of one of its electric car batteries plants in Czechia.<\/p>\n<p>BMW rallied 3.7 percent and Daimler added 2.1 percent.<\/p>\n<p>Patrizia AG, a partner for global real assets, rose 3.4 percent. The company said assets under management were 47.0 billion euros in the fiscal year 2020, an increase of 5.7 percent year-over-year.<\/p>\n<p>HeidelbergCement gained 0.8 percent after its net profit rose slightly in the fourth quarter. <\/p>\n<p>Life science group Sartorius soared 10 percent after raising its FY21 outlook. <\/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 Rallies On Dovish Fed<\/a><br \/>\n<br \/>2021-03-18 08:51:48<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks rose sharply on Thursday after Federal Reserve officials took a dovish stance overnight, signaling that interest rates will remain unchanged until 2024. The benchmark DAX rallied 148 points,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8192,"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-8191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8191","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=8191"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8192"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}