European shares rose on Wednesday, boosted by the strong performance of technology shares after a three-day sell-off, with inflation data in the region due for release during the session.<\/p>\n\n\n\n
The pan-European Stoxx 600 index rose 0.4% by 0716 GMT after three consecutive days of losses, but the index is heading for a monthly loss of close to 4%.<\/p>\n\n\n\n
Interest rate-sensitive technology shares rose 2.1 percent after recording three consecutive days of declines on expectations of a significant increase in interest rates globally.<\/p>\n\n\n\n
Italian luxury fashion group Brunello Cucinelli fell 3.9 percent after publishing its semi-annual results.<\/p>\n\n\n\n
Dormakapa Holdings fell 2 percent after the Swiss security firm forecast growth slightly above target, but said its forecast applied only to the first half of the 2022-2023 financial year.<\/p>\n\n\n\n
Gains were limited by Russia’s start to halt gas flows through a major pipeline to Germany, the continent’s largest economy, on Wednesday.<\/p>\n\n\n\n
The focus is now on the euro zone inflation readings for August, due out at 0900 GMT.<\/p>\n","protected":false},"excerpt":{"rendered":"
European shares rose on Wednesday, boosted by the strong performance of technology shares after a three-day sell-off, with inflation data in the region due for release during the session. The pan-European Stoxx 600 index rose 0.4% by 0716 GMT after three consecutive days of losses, but the index is heading for a monthly loss of …<\/p>\n","protected":false},"author":9,"featured_media":70957,"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":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-71244","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71244","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=71244"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71244\/revisions"}],"predecessor-version":[{"id":71245,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71244\/revisions\/71245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70957"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}