{"id":54333,"date":"2021-11-08T18:38:18","date_gmt":"2021-11-08T14:38:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54333"},"modified":"2021-11-08T18:38:36","modified_gmt":"2021-11-08T14:38:36","slug":"market-drivers-european-session-08-11-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-european-session-08-11-2021\/11\/08\/market-updates\/","title":{"rendered":"Market Drivers \u2013 European Session 08-11-2021"},"content":{"rendered":"\n<p>The European session was largely quiet on Monday.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Stock futures were mixed in early morning trading after US market indices closed at record levels on Friday after better-than-expected non-farm payrolls report for October.<\/p>\n\n\n\n<p>Futures on the Dow Jones Industrial Production Index rose 85 points, while the S&amp;P 500 Index settled, and Nasdaq futures traded marginally lower.<\/p>\n\n\n\n<p>The moves in futures trading came after the US House of Representatives late Friday passed a more than $1 trillion infrastructure bill.<\/p>\n\n\n\n<p>Gold rose in Monday morning trading in Asia, hitting its highest level in two months. The dollar also gave the yellow metal a boost.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-default is-layout-flow wp-block-quote-is-layout-flow\"><p><span style=\"font-size: revert; color: initial;\">&#8220;Policy path outlined in September dot plot would be consistent\u00a0with Fed&#8217;s framework if current inflation and jobs forecasts are met.&#8221;<\/span><\/p><p>&#8220;Repeat of 2021 inflation next year would not be a policy success.&#8221;<\/p><p>&#8220;Core PCE\u00a0inflation measured since Feb. 2020, before the pandemic, through Sept. 2021 already averaging 2.8%.&#8221;<\/p><cite>Federal Reserve\u00a0Vice Chair Richard Clarida said on Monday. By Retuers<\/cite><\/blockquote>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European session was largely quiet on Monday. Stock futures were mixed in early morning trading after US market indices closed at record levels on Friday after better-than-expected non-farm payrolls report for October. Futures on the Dow Jones Industrial Production Index rose 85 points, while the S&amp;P 500 Index settled, and Nasdaq futures traded marginally &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52585,"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":[6928,6911,6864,6837],"class_list":["post-54333","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-europe","tag-european-stocks","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54333","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=54333"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54333\/revisions"}],"predecessor-version":[{"id":54335,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54333\/revisions\/54335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52585"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}