{"id":105724,"date":"2024-09-10T13:05:54","date_gmt":"2024-09-10T09:05:54","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=105724"},"modified":"2024-09-10T13:05:56","modified_gmt":"2024-09-10T09:05:56","slug":"european-shares-steady-ahead-of-ecb-rate-decision-amid-mixed-economic-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-steady-ahead-of-ecb-rate-decision-amid-mixed-economic-data\/09\/10\/market-updates\/","title":{"rendered":"European Shares Steady Ahead of ECB Rate Decision Amid Mixed Economic Data"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>European shares remained flat on Tuesday, stabilizing after a 1% jump in the previous session, as investors digested a mix of economic data while anticipating a widely expected interest rate cut from the European Central Bank (ECB) later in the week. The pan-European STOXX 600 index held steady at 510.40 points as of 0715 GMT.<\/p>\n\n\n\n<p>AstraZeneca led the declines, falling 5% after detailed trial results revealed its experimental lung cancer drug did not significantly improve overall survival rates. The healthcare sector as a whole lost 1%, contributing to the lackluster performance.<\/p>\n\n\n\n<p>Germany&#8217;s DAX slipped 0.1% following data showing the country&#8217;s inflation had slowed to 2% in August. In the UK, labor data revealed that average weekly earnings, excluding bonuses, were 5.1% higher year-on-year for the three months ending in July, pushing the FTSE 100 down 0.2%.<\/p>\n\n\n\n<p>Technology stocks provided some support to the STOXX 600, with Capgemini and SAP gaining 4.1% and 0.8%, respectively, following positive results from Oracle. However, hearing aid maker Amplifon tumbled 5% after Apple announced that its new AirPods could function as hearing aids.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares remained flat on Tuesday, stabilizing after a 1% jump in the previous session, as investors digested a mix of economic data while anticipating a widely expected interest rate cut from the European Central Bank (ECB) later in the week. The pan-European STOXX 600 index held steady at 510.40 points as of 0715 GMT. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-105724","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=105724"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105724\/revisions"}],"predecessor-version":[{"id":105725,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105724\/revisions\/105725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70689"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=105724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=105724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=105724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}