{"id":87220,"date":"2023-08-01T12:44:51","date_gmt":"2023-08-01T08:44:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=87220"},"modified":"2023-08-01T12:44:54","modified_gmt":"2023-08-01T08:44:54","slug":"european-stocks-fell-as-factory-activity-declined-in-asia","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-fell-as-factory-activity-declined-in-asia\/08\/01\/market-updates\/","title":{"rendered":"European stocks fell as factory activity declined in Asia"},"content":{"rendered":"\n<p>European stocks fell at the open on Tuesday as weak factory activity data in Asia and some disappointing corporate earnings halted a rally that pushed several regional indices to multi-year highs.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index was down 0.1 percent by 0714 GMT, with the mining and real estate sectors among the main losers.<\/p>\n\n\n\n<p>Surveys of private firms showed Asian factory activity contracted in July, a sign of the impact of slowing global growth and a weak Chinese economy on the region&#8217;s fragile recovery. Later in the day, surveys of factory activity in the eurozone are due.<\/p>\n\n\n\n<p>DHL shares fell 3 percent after the company reported a quarterly profit slump as rising inflation, the war in Ukraine and the ongoing energy crisis hit consumer demand and freight rates.<\/p>\n\n\n\n<p>In Britain, HSBC rose 2.1 percent after the bank raised core performance targets, while BP rose 2.2 percent after the energy giant raised its dividend by 10 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks fell at the open on Tuesday as weak factory activity data in Asia and some disappointing corporate earnings halted a rally that pushed several regional indices to multi-year highs. The pan-European Stoxx 600 index was down 0.1 percent by 0714 GMT, with the mining and real estate sectors among the main losers. Surveys &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-87220","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\/87220","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=87220"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/87220\/revisions"}],"predecessor-version":[{"id":87221,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/87220\/revisions\/87221"}],"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=87220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=87220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=87220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}