{"id":33241,"date":"2020-08-27T14:33:37","date_gmt":"2020-08-27T10:33:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33241"},"modified":"2020-08-27T14:33:42","modified_gmt":"2020-08-27T10:33:42","slug":"european-stocks-falling-down-focus-on-powell","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-falling-down-focus-on-powell\/08\/27\/market-updates\/","title":{"rendered":"European Stocks Falling Down, Focus on Powell"},"content":{"rendered":"\n<p>European stocks fell during early trading on Thursday, as investors awaited US Federal Reserve Chairman Jerome Powell&#8217;s speech for new clues about the path of monetary policy.<\/p>\n\n\n\n<p>The Stoxx 600 index currently fell by 0.43% to 371.5 points, while &#8220;FTSE&#8221; fell by 0.42% to 6,019.82 points.<\/p>\n\n\n\n<p>The German DAX index fell 0.45% to reach 13129.01 points, and the French CAC recorded losses of 0.73%, reaching 5010.79 points.<\/p>\n\n\n\n<p>Powell is scheduled to speak on Thursday at a meeting of central bankers in Jackson Hole, Wyoming, where he is expected to provide more clarity on the U.S. central bank&#8217;s efforts to renew its monetary policy approach, including a shift to targeting an average inflation rate of around 2% which would allow rates to stay very low for much longer.<\/p>\n\n\n\n<p>The Euro is currently trading at 1.1830, up 0.01% against the US dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks fell during early trading on Thursday, as investors awaited US Federal Reserve Chairman Jerome Powell&#8217;s speech for new clues about the path of monetary policy. The Stoxx 600 index currently fell by 0.43% to 371.5 points, while &#8220;FTSE&#8221; fell by 0.42% to 6,019.82 points. The German DAX index fell 0.45% to reach 13129.01 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32815,"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":[36],"tags":[6878,6851],"class_list":["post-33241","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-european","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33241","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=33241"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33241\/revisions"}],"predecessor-version":[{"id":33242,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33241\/revisions\/33242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32815"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}