{"id":42033,"date":"2021-02-25T13:01:32","date_gmt":"2021-02-25T09:01:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42033"},"modified":"2021-02-25T13:01:34","modified_gmt":"2021-02-25T09:01:34","slug":"mining-and-banking-lead-the-european-markets-higher","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/mining-and-banking-lead-the-european-markets-higher\/02\/25\/market-updates\/","title":{"rendered":"Mining And Banking Lead The European Markets Higher"},"content":{"rendered":"\n<p>European stocks rose on Thursday, led by sectors seen as benefiting from a broader economic recovery as the US Federal Reserve indicated that it would maintain a loose monetary policy, while Standard Chartered shares fell as the bank&#8217;s annual earnings fell.<\/p>\n\n\n\n<p>The Bank of England lost 2.8% even after it resumed dividends and confirmed its long-term earnings targets in a sign of confidence in its ability to recover from the Covid-19 pandemic.<\/p>\n\n\n\n<p>But the broader European banking sector index added 1.1%, benefiting from higher bond yields, which increased thanks to bets on rising inflation as the global economy improves.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index rose 0.5%, while mining and energy shares tracked gains in commodity prices.<\/p>\n\n\n\n<p>Later on Thursday, all eyes will be on February&#8217;s consumer confidence data from the euro zone.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Thursday, led by sectors seen as benefiting from a broader economic recovery as the US Federal Reserve indicated that it would maintain a loose monetary policy, while Standard Chartered shares fell as the bank&#8217;s annual earnings fell. The Bank of England lost 2.8% even after it resumed dividends and confirmed its &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31994,"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":[39,36],"tags":[6864],"class_list":["post-42033","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42033","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=42033"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42033\/revisions"}],"predecessor-version":[{"id":42034,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42033\/revisions\/42034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}