{"id":47240,"date":"2021-06-21T12:45:09","date_gmt":"2021-06-21T08:45:09","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47240"},"modified":"2021-06-21T11:57:12","modified_gmt":"2021-06-21T07:57:12","slug":"european-shares-fall-as-the-mining-and-banking-sectors-are-hit-by-the-feds-hawkish-tone","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-fall-as-the-mining-and-banking-sectors-are-hit-by-the-feds-hawkish-tone\/06\/21\/market-updates\/","title":{"rendered":"European Shares Fall as The Mining And Banking Sectors Are Hit by The Fed&#8217;s Hawkish Tone"},"content":{"rendered":"\n<p>European shares fell on Monday, as mining and banking stocks bore the brunt of an abrupt shift in the US Federal Reserve&#8217;s stance on monetary policy last week.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index fell 0.6% to its lowest level in more than two weeks.<\/p>\n\n\n\n<p>On Friday, the index halted a four-week winning streak after the Federal Reserve indicated that it may raise interest rates much sooner than expected.<\/p>\n\n\n\n<p>Mining shares fell 1.7%, tracking the impact of falling metal prices, while banking shares lost 1.3% as investors took profits after a rally that lifted them more than 20% this year.<\/p>\n\n\n\n<p>Later in the day the focus will be on European Central Bank President Christine Lagarde&#8217;s speech to the European Parliament.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell on Monday, as mining and banking stocks bore the brunt of an abrupt shift in the US Federal Reserve&#8217;s stance on monetary policy last week. The pan-European Stoxx 600 index fell 0.6% to its lowest level in more than two weeks. On Friday, the index halted a four-week winning streak after the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32054,"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-47240","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\/47240","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=47240"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47240\/revisions"}],"predecessor-version":[{"id":47241,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47240\/revisions\/47241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32054"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}