{"id":72316,"date":"2022-09-16T13:03:30","date_gmt":"2022-09-16T09:03:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=72316"},"modified":"2022-09-16T13:03:32","modified_gmt":"2022-09-16T09:03:32","slug":"european-shares-open-lower-as-recession-fears-intensify","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-open-lower-as-recession-fears-intensify\/09\/16\/market-updates\/","title":{"rendered":"European shares open lower as recession fears intensify"},"content":{"rendered":"\n<p>European shares fell on Friday as recession fears and expectations of a big interest rate hike during the Federal Reserve&#8217;s (US Central Bank) meeting next week weighed on sentiment.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index fell one percent moments after the opening bell, bringing its declines this week to more than two percent.<\/p>\n\n\n\n<p>All major European sector indices fell at 0711 GMT, with the most notable losses being the travel and leisure sector.<\/p>\n\n\n\n<p>The World Bank said late Thursday that the global economy could be headed for a recession, with central banks dealing sharply with high inflation, adding to the anxiety prevailing ahead of the Federal Reserve meeting.<\/p>\n\n\n\n<p>Shares of troubled German gas-importing energy company Uniper plunged 9.4 percent to the bottom of the STOXX 600 index, as it struggled to keep up with costs after Russia&#8217;s sudden halt to a major natural gas pipeline earlier this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell on Friday as recession fears and expectations of a big interest rate hike during the Federal Reserve&#8217;s (US Central Bank) meeting next week weighed on sentiment. The pan-European Stoxx 600 index fell one percent moments after the opening bell, bringing its declines this week to more than two percent. All major European &hellip;<\/p>\n","protected":false},"author":9,"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":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-72316","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\/72316","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=72316"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72316\/revisions"}],"predecessor-version":[{"id":72317,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72316\/revisions\/72317"}],"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=72316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=72316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=72316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}