{"id":71544,"date":"2022-09-06T19:00:36","date_gmt":"2022-09-06T15:00:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71544"},"modified":"2022-09-06T19:00:39","modified_gmt":"2022-09-06T15:00:39","slug":"european-markets-surge-as-economic-challenges-assessed","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-markets-surge-as-economic-challenges-assessed\/09\/06\/market-updates\/","title":{"rendered":"European markets surge as economic challenges assessed"},"content":{"rendered":"\n<p>The European markets cautiously surged on Tuesday as investors continued to assess recession risks in the continent.<br> <br>The pan-European Stoxx 600 added 0.5% by mid-afternoon, with retail stocks climbing 2.8% to lead gains as most sectors nudged into positive territory.<br><br>Oil and gas stocks were the most obvious as they were seen slipping 2.1% as Brent crude prices retreated following a modest supply cut from OPEC+ and previously surging gas prices pulled back.<br><br>The sharp downward moves for risk assets came after Russia\u2019s state-owned energy giant Gazprom announced that gas flows to Europe via Nord Stream 1 pipeline would be halted indefinitely, citing additional repair requirements. The euro fell sharply while European gas prices soared.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European markets cautiously surged on Tuesday as investors continued to assess recession risks in the continent. The pan-European Stoxx 600 added 0.5% by mid-afternoon, with retail stocks climbing 2.8% to lead gains as most sectors nudged into positive territory.Oil and gas stocks were the most obvious as they were seen slipping 2.1% as Brent &hellip;<\/p>\n","protected":false},"author":13,"featured_media":70689,"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":[39,36],"tags":[6928,8878,7932],"class_list":["post-71544","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-euro","tag-european-markets","tag-stoxx-600"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71544","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=71544"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71544\/revisions"}],"predecessor-version":[{"id":71591,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71544\/revisions\/71591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70689"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}