{"id":86444,"date":"2023-07-12T13:58:10","date_gmt":"2023-07-12T09:58:10","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=86444"},"modified":"2023-07-12T13:58:13","modified_gmt":"2023-07-12T09:58:13","slug":"european-stocks-rise-ahead-of-the-release-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-rise-ahead-of-the-release-of-us-inflation-data\/07\/12\/market-updates\/","title":{"rendered":"European stocks rise ahead of the release of US inflation data"},"content":{"rendered":"\n<p>European stocks rose on Wednesday ahead of the release of US inflation data that will determine whether the Federal Reserve is close to ending its monetary tightening cycle.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index rose 0.3 percent in early trade.<\/p>\n\n\n\n<p>US data, due at 1230 GMT, is expected to show the consumer price index rose 3.1 percent year-on-year in June, after rising 4 percent in May.<\/p>\n\n\n\n<p>A significant slowdown in inflation would fuel speculation that the Federal Reserve will stop raising interest rates after July.<\/p>\n\n\n\n<p>The technology sector recorded the biggest gains among the indices in Europe, supported by shares of semiconductor companies, as ASML Holding rose 0.8 percent and Infineon rose 2.2 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Wednesday ahead of the release of US inflation data that will determine whether the Federal Reserve is close to ending its monetary tightening cycle. The pan-European Stoxx 600 index rose 0.3 percent in early trade. US data, due at 1230 GMT, is expected to show the consumer price index rose 3.1 &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-86444","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\/86444","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=86444"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86444\/revisions"}],"predecessor-version":[{"id":86445,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86444\/revisions\/86445"}],"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=86444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=86444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=86444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}