{"id":65762,"date":"2022-05-20T14:16:25","date_gmt":"2022-05-20T10:16:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=65762"},"modified":"2022-05-20T14:16:40","modified_gmt":"2022-05-20T10:16:40","slug":"european-shares-rise-supported-by-hopes-of-an-economic-recovery-in-china","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-rise-supported-by-hopes-of-an-economic-recovery-in-china\/05\/20\/market-updates\/","title":{"rendered":"European shares rise, supported by hopes of an economic recovery in China"},"content":{"rendered":"\n<p>European shares rose at the open on Friday, boosted by hopes of an economic recovery in China boosted by the central bank&#8217;s announcement of more stimulus, but the region&#8217;s stock index headed towards ending the week lower on recession fears.<\/p>\n\n\n\n<p>The mining and energy sectors led the gains and pushed the pan-European Stoxx 600 index up 0.8 percent. This reduced weekly losses to less than one percent, in what would become the fifth weekly decline in six.<\/p>\n\n\n\n<p>Data revealed that British retail sales unexpectedly jumped in April, but expectations for consumer spending remained strongly low.<\/p>\n\n\n\n<p>Luxury goods stocks fell, with Richemont plummeting 10.5 percent.<\/p>\n\n\n\n<p>But the company said strong US demand for its jewelry and watches boosted the company&#8217;s net profit and sales in the 12 months to March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose at the open on Friday, boosted by hopes of an economic recovery in China boosted by the central bank&#8217;s announcement of more stimulus, but the region&#8217;s stock index headed towards ending the week lower on recession fears. The mining and energy sectors led the gains and pushed the pan-European Stoxx 600 index &hellip;<\/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":[7211,6877,6928,6882],"class_list":["post-65762","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65762","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=65762"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65762\/revisions"}],"predecessor-version":[{"id":65763,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65762\/revisions\/65763"}],"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=65762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=65762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=65762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}