{"id":44323,"date":"2021-04-13T13:15:06","date_gmt":"2021-04-13T09:15:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=44323"},"modified":"2021-04-13T12:55:26","modified_gmt":"2021-04-13T08:55:26","slug":"european-stocks-close-to-a-record-high-and-all-eyes-on-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-close-to-a-record-high-and-all-eyes-on-us-inflation-data\/04\/13\/market-updates\/","title":{"rendered":"European Stocks Close to a Record High And All Eyes on US Inflation Data"},"content":{"rendered":"\n<p>European stocks hovered just below their all-time high on Tuesday, April 13th, as strong export data from China boosted optimism about a faster global economic recovery, while investor interest shifted towards important US inflation data to be released later today.<\/p>\n\n\n\n<p>The European Stoxx600 index was up 0.1%, after hitting an unprecedented level last week.<\/p>\n\n\n\n<p>The German stock index, which is heavily dependent on exports, rose 0.2% after data showed Chinese exports grew at a strong pace in March and the pace of import growth increased to the highest level in four years.<\/p>\n\n\n\n<p>Stock markets have faced pressure since March as a result of higher US Treasury bond yields, which reached a peak of 14 months, due to expectations that a large fiscal and monetary stimulus, along with a faster-than-expected economic recovery, will lead to a jump in the rate of inflation.<\/p>\n\n\n\n<p>Today&#8217;s attention is focused on the US consumer price data due out at 12:30 GMT. The CPI is expected to rise 0.5% in March, following a 0.4% increase in the previous month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks hovered just below their all-time high on Tuesday, April 13th, as strong export data from China boosted optimism about a faster global economic recovery, while investor interest shifted towards important US inflation data to be released later today. The European Stoxx600 index was up 0.1%, after hitting an unprecedented level last week. The &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-44323","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\/44323","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=44323"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44323\/revisions"}],"predecessor-version":[{"id":44324,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44323\/revisions\/44324"}],"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=44323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}