{"id":81244,"date":"2023-03-09T13:51:07","date_gmt":"2023-03-09T09:51:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=81244"},"modified":"2023-03-09T13:51:09","modified_gmt":"2023-03-09T09:51:09","slug":"european-stocks-opened-lower-affected-by-the-decline-of-german-immobilien","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-opened-lower-affected-by-the-decline-of-german-immobilien\/03\/09\/market-updates\/","title":{"rendered":"European stocks opened lower, affected by the decline of German Immobilien"},"content":{"rendered":"\n<p>European stocks opened lower on Thursday, with German real estate company LEG Immobilien tumbling to the bottom of the Stoxx 600 index on a dividend hold, while investors worried about interest rate hikes continuing for a longer period.<\/p>\n\n\n\n<p>Shares in LEG Immobilien plunged 10.6 percent in early trade, with the company suspending dividend payments after announcing full-year results.<\/p>\n\n\n\n<p>The Stoxx 600 index fell 0.4 percent, affected by a 1.7 percent decline in real estate stocks.<\/p>\n\n\n\n<p>The decline in European stocks came after it closed higher in the previous session, likely supported by the statements of Federal Reserve Chairman Jerome Powell regarding the lack of a decision yet on the amount of the increase in interest rates this month.<\/p>\n\n\n\n<p>But fears persisted after stronger-than-expected US data fueled views that the Federal Reserve could continue to raise interest rates.<\/p>\n\n\n\n<p>Mining stocks fell 2 percent after copper prices fell as the dollar approached a three-month high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks opened lower on Thursday, with German real estate company LEG Immobilien tumbling to the bottom of the Stoxx 600 index on a dividend hold, while investors worried about interest rate hikes continuing for a longer period. Shares in LEG Immobilien plunged 10.6 percent in early trade, with the company suspending dividend payments after &hellip;<\/p>\n","protected":false},"author":9,"featured_media":80587,"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-81244","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\/81244","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=81244"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81244\/revisions"}],"predecessor-version":[{"id":81245,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81244\/revisions\/81245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/80587"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=81244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=81244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=81244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}