{"id":81847,"date":"2023-03-22T13:03:48","date_gmt":"2023-03-22T09:03:48","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=81847"},"modified":"2023-03-22T13:03:51","modified_gmt":"2023-03-22T09:03:51","slug":"european-stocks-cut-a-bullish-wave","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-cut-a-bullish-wave\/03\/22\/market-updates\/","title":{"rendered":"European stocks cut a bullish wave"},"content":{"rendered":"\n<p>A two-day recovery in European stocks stalled on Wednesday as investors awaited the outcome of the Federal Reserve&#8217;s monetary policy meeting after signs of problems in the banking sector raised hopes that the bank would follow a moderate approach in raising interest rates.<\/p>\n\n\n\n<p>And by 0811 GMT, the European Stoxx 600 index recorded slight gains after a two-day recovery, supported by the rise in banking stocks after a series of support measures were taken to stabilize the sector.<\/p>\n\n\n\n<p>The European banking index rose 0.2 percent, after jumping 5 percent in the previous two sessions, when sentiment was boosted by the Swiss bank UBS&#8217; takeover of Credit Suisse and coordinated actions by central banks to boost liquidity.<\/p>\n\n\n\n<p>The US central bank is expected to raise interest rates by a quarter of a percentage point later on Wednesday.<\/p>\n\n\n\n<p>Ubisoft shares jumped 4.7 percent after HSBC Bank revised its advice on the French video game company&#8217;s shares to &#8220;buy&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A two-day recovery in European stocks stalled on Wednesday as investors awaited the outcome of the Federal Reserve&#8217;s monetary policy meeting after signs of problems in the banking sector raised hopes that the bank would follow a moderate approach in raising interest rates. And by 0811 GMT, the European Stoxx 600 index recorded slight gains &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44251,"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-81847","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\/81847","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=81847"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81847\/revisions"}],"predecessor-version":[{"id":81848,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81847\/revisions\/81848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=81847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=81847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=81847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}