{"id":85351,"date":"2023-06-14T14:25:12","date_gmt":"2023-06-14T10:25:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=85351"},"modified":"2023-06-14T14:25:14","modified_gmt":"2023-06-14T10:25:14","slug":"stability-of-european-stocks-ahead-of-the-us-interest-rate-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/stability-of-european-stocks-ahead-of-the-us-interest-rate-decision\/06\/14\/market-updates\/","title":{"rendered":"Stability of European stocks ahead of the US interest rate decision"},"content":{"rendered":"\n<p>European stocks opened flat on Wednesday ahead of the Federal Reserve&#8217;s widely expected decision to halt interest rate increases, while sports betting Entene shares tumbled after announcing a deal to buy another company.<\/p>\n\n\n\n<p>The European Stoxx 600 index settled at 463.49 points by 0709 GMT, while the travel and leisure sector index fell 0.9 percent.<\/p>\n\n\n\n<p>Shares in Entin, owner of British bookmaker Ladbrokes, plunged 10 percent to the bottom of the STOXX 600 after it said on Tuesday it would buy Polish-based sports betting firm STS Holdings for 750 million pounds ($946 million).<\/p>\n\n\n\n<p>Almost the entire market expects the Federal Reserve to keep interest rates in a range between 5% and 5.25% in its expected decision later in the day, with 63% expecting a rate hike in July, according to CME&#8217;s VideoWatch tool.<\/p>\n\n\n\n<p>The European Central Bank will hold its monetary policy meeting on Thursday and is expected to raise interest rates by another 25 basis points to tame runaway inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks opened flat on Wednesday ahead of the Federal Reserve&#8217;s widely expected decision to halt interest rate increases, while sports betting Entene shares tumbled after announcing a deal to buy another company. The European Stoxx 600 index settled at 463.49 points by 0709 GMT, while the travel and leisure sector index fell 0.9 percent. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":62193,"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-85351","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\/85351","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=85351"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85351\/revisions"}],"predecessor-version":[{"id":85352,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85351\/revisions\/85352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62193"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}