{"id":59383,"date":"2022-02-01T17:57:36","date_gmt":"2022-02-01T13:57:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=59383"},"modified":"2022-02-01T17:57:39","modified_gmt":"2022-02-01T13:57:39","slug":"market-drivers-european-session-1-2-2022","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-european-session-1-2-2022\/02\/01\/market-updates\/","title":{"rendered":"Market Drivers \u2013 European Session 1-2-2022"},"content":{"rendered":"\n<p>There were no strong market drivers during the European session.<\/p>\n\n\n\n<p>Gold prices rose on Tuesday above the key $1800 level, with increased investment demand, further supported by a weak dollar and falling Treasury yields.<\/p>\n\n\n\n<p>By 1323 GMT, the price of gold in spot transactions rose 0.5% to $1,805.43 an ounce. US gold futures jumped 0.6 percent to $1,806.50.<\/p>\n\n\n\n<p>Canada&#8217;s Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.6% in November, data published by Statistics Canada showed on Tuesday. This reading was well above the consensus market forecast for a growth rate of 0.3% MoM and marked a slight deceleration in the 0.8% MoM growth rate seen in October. Statistics Canada said that GDP was most likely unchanged in December on a MoM basis, implying that Q4 GDP growth likely stood at 6.3% annualised.<\/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>There were no strong market drivers during the European session. Gold prices rose on Tuesday above the key $1800 level, with increased investment demand, further supported by a weak dollar and falling Treasury yields. By 1323 GMT, the price of gold in spot transactions rose 0.5% to $1,805.43 an ounce. US gold futures jumped 0.6 &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-59383","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\/59383","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=59383"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59383\/revisions"}],"predecessor-version":[{"id":59384,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59383\/revisions\/59384"}],"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=59383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}