{"id":8374,"date":"2021-03-26T09:21:44","date_gmt":"2021-03-26T09:21:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/26\/dax-rises-on-economic-optimism\/"},"modified":"2021-03-26T09:21:44","modified_gmt":"2021-03-26T09:21:44","slug":"dax-rises-on-economic-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/26\/dax-rises-on-economic-optimism\/","title":{"rendered":"DAX Rises On Economic Optimism"},"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 advanced on Friday as strong U.S. economic data and progress on vaccination rollouts helped support hopes of economic recovery.<\/p>\n<p>Overnight data showed that the number of Americans filing new claims for unemployment benefits dropped to a one-year low last week and U.S. <span class=\"landLinks\">economy<\/span> grew at a faster pace than previously estimated in the fourth quarter of 2020.<\/p>\n<p>In his first formal news conference, U.S. President Joe Biden promised to deliver 200 million doses of Covid-19 vaccine within his first 100 days in office.<\/p>\n<p>Closer home, the headline German IFO Business Climate Index continued to improve and came in at 96.6 in March, up from 92.4 last month. <\/p>\n<p>The Current Economic Assessment rose to 93.0 points from 90.6 while the IFO Expectations Index &#8211; indicating firms&#8217; projections for the next six months, climbed to 100.4 from 94.2.<\/p>\n<p>The benchmark DAX climbed 110 points, or 0.8 percent, to 14,731 after closing up 0.1 percent on Thursday. <\/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 Rises On Economic Optimism<\/a><br \/>\n<br \/>2021-03-26 09:21:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Friday as strong U.S. economic data and progress on vaccination rollouts helped support hopes of economic recovery. Overnight data showed that the number of Americans filing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8375,"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-8374","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8374","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=8374"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8375"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}