{"id":83901,"date":"2023-05-10T12:13:37","date_gmt":"2023-05-10T08:13:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=83901"},"modified":"2023-05-10T12:22:51","modified_gmt":"2023-05-10T08:22:51","slug":"a-slight-rise-in-european-stocks-amid-anticipation-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/a-slight-rise-in-european-stocks-amid-anticipation-of-us-inflation-data\/05\/10\/market-updates\/","title":{"rendered":"A slight rise in European stocks ahead of US inflation data"},"content":{"rendered":"\n<p>European stocks rose slightly on Wednesday, with Credit Agricole stock rising after posting positive earnings, while investors awaited US inflation data that is likely to set expectations for a rate cut in the world&#8217;s largest economy.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index was up 0.1% by 0704 GMT.<\/p>\n\n\n\n<p>The US consumer price index data, due at 1230 GMT, follows a report published last week showing strong jobs, dampening hopes that the Federal Reserve will cut interest rates in the near term.<\/p>\n\n\n\n<p>Credit Agricole jumped 3.8 percent after France&#8217;s second-largest listed bank beat first-quarter profit estimates, boosted by trading revenue.<\/p>\n\n\n\n<p>Siemens Healthineers fell 5.3 percent as the medical device maker said it would discontinue its heart surgery robotics business after its quarterly operating profit fell 30 percent.<\/p>\n\n\n\n<p>Orphan Biovitram plunged 15.3 percent to become the top loser on the Stoxx 600 index after the Swedish drugmaker said it had agreed to make a $1.7 billion bid for US-based CTI Biopharma.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose slightly on Wednesday, with Credit Agricole stock rising after posting positive earnings, while investors awaited US inflation data that is likely to set expectations for a rate cut in the world&#8217;s largest economy. The pan-European Stoxx 600 index was up 0.1% by 0704 GMT. The US consumer price index data, due at &hellip;<\/p>\n","protected":false},"author":9,"featured_media":82172,"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-83901","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\/83901","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=83901"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83901\/revisions"}],"predecessor-version":[{"id":83903,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83901\/revisions\/83903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/82172"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=83901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=83901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=83901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}