{"id":8955,"date":"2021-04-13T08:54:48","date_gmt":"2021-04-13T08:54:48","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/13\/dax-edges-higher-on-recovery-hopes\/"},"modified":"2021-04-13T08:54:48","modified_gmt":"2021-04-13T08:54:48","slug":"dax-edges-higher-on-recovery-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/13\/dax-edges-higher-on-recovery-hopes\/","title":{"rendered":"DAX Edges Higher On Recovery Hopes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks advanced on Tuesday as strong export data from China reinforced optimism around a swift global economic recovery.<\/p>\n<p>Amid rising inflation expectations, investors await key U.S. inflation data later in the day for further direction. <\/p>\n<p>Data from Destatis showed earlier in the day that German wholesale prices rose for a second straight month and at the fastest pace in four years in March, largely led by higher prices for petroleum products.<\/p>\n<p>The wholesale price index rose 4.4 percent year-on-year, which was the fastest pace since March 2017, when they increased 4.8 percent.<\/p>\n<p>On a month-on-month basis, the wholesale price index rose 1.7 percent following a 1.4 percent increase in February.<\/p>\n<p>The benchmark DAX inched up 38 points, or 0.3 percent, to 15,253 after closing 0.1 percent lower the previous day. <\/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 Edges Higher On Recovery Hopes<\/a><br \/>\n<br \/>2021-04-13 08:54:48<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Tuesday as strong export data from China reinforced optimism around a swift global economic recovery. Amid rising inflation expectations, investors await key U.S. inflation data later&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-8955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8955","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=8955"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8956"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}