European shares rose on Thursday, tracking Wall Street gains overnight after a widely expected hike in US interest rates, while optimism about Russia-Ukraine peace talks boosted sentiment.<\/p>\n\n\n\n
The pan-European Stoxx 600 index rose 0.5% by 0900 GMT and is on track to recover all of its losses in March.<\/p>\n\n\n\n
Wall Street indexes rose on Wednesday as investors digested the start of US monetary policy tightening. As expected, the Federal Reserve raised interest rates by a quarter of a point and hinted at raising the same amount at each of its meetings throughout the year.<\/p>\n\n\n\n
Commodity stocks led the morning gains in Europe, as the mining sector index rose 0.7 percent.<\/p>\n\n\n\n
The oil sector index rose 0.9 percent, with crude prices increasing by about 3 percent after the International Energy Agency warned of a shortage of supplies.<\/p>\n\n\n\n
German ThyssenKrupp shares plunged 6.1 percent after suspending its 2021-2022 forecast for cash flow ahead of mergers and acquisitions due to the Ukraine crisis.<\/p>\n\n\n\n
French Veolia rose 2.7 percent after the company said it expected to increase net profit more than 20 percent this year after completing its takeover of rival Suez.<\/p>\n","protected":false},"excerpt":{"rendered":"
European shares rose on Thursday, tracking Wall Street gains overnight after a widely expected hike in US interest rates, while optimism about Russia-Ukraine peace talks boosted sentiment. The pan-European Stoxx 600 index rose 0.5% by 0900 GMT and is on track to recover all of its losses in March. Wall Street indexes rose on Wednesday …<\/p>\n","protected":false},"author":9,"featured_media":52181,"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":[8275,8854,7534,7485],"class_list":["post-62166","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-russian-economy","tag-russian-invasion-of-ukraine","tag-sanctions","tag-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62166","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=62166"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62166\/revisions"}],"predecessor-version":[{"id":62167,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62166\/revisions\/62167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}