{"id":49445,"date":"2021-08-16T14:29:20","date_gmt":"2021-08-16T10:29:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49445"},"modified":"2021-08-16T14:29:27","modified_gmt":"2021-08-16T10:29:27","slug":"weak-chinese-data-halt-gains-in-european-shares","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/weak-chinese-data-halt-gains-in-european-shares\/08\/16\/market-updates\/","title":{"rendered":"Weak Chinese data Halt Gains in European Shares"},"content":{"rendered":"\n<p>European stocks&#8217; 10-day gains were halted Monday, August 16th, following an unexpected slowdown in China&#8217;s economic indicators, with commodity-related stocks posting the biggest loss.<\/p>\n\n\n\n<p>The STOXX 600 index of the most important European shares fell 0.5% in early trading, retreating from record levels last week.<\/p>\n\n\n\n<p>Oil and mining shares fell about 1.5%, with commodity prices hurting after Chinese data reinforced concerns about falling demand in the largest consumer of metals and oil.<\/p>\n\n\n\n<p>Data showed China&#8217;s factory production and retail sales slowed sharply in July and missed expectations as activities were disrupted by a new outbreak of Covid-19 and floods disrupted business activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks&#8217; 10-day gains were halted Monday, August 16th, following an unexpected slowdown in China&#8217;s economic indicators, with commodity-related stocks posting the biggest loss. The STOXX 600 index of the most important European shares fell 0.5% in early trading, retreating from record levels last week. Oil and mining shares fell about 1.5%, with commodity prices &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44251,"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-49445","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\/49445","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=49445"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49445\/revisions"}],"predecessor-version":[{"id":49446,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49445\/revisions\/49446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}