{"id":92520,"date":"2023-11-14T13:50:58","date_gmt":"2023-11-14T09:50:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=92520"},"modified":"2023-11-14T20:00:31","modified_gmt":"2023-11-14T16:00:31","slug":"a-slight-rise-in-european-stocks-ahead-of-the-release-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/a-slight-rise-in-european-stocks-ahead-of-the-release-of-us-inflation-data\/11\/14\/market-updates\/","title":{"rendered":"A slight rise in European stocks ahead of the CPI data"},"content":{"rendered":"\n<p>European stocks rose on Tuesday, led by auto and basic resources shares, as investors awaited US inflation data that may provide a clearer picture of the Federal Reserve&#8217;s monetary policy outlook.<\/p>\n\n\n\n<p>By 0810 GMT, the European STOXX 600 index rose 0.1 percent after a broad rise in the previous session.<\/p>\n\n\n\n<p>In addition to US inflation data scheduled to be released at 1330 GMT (8:30 AM EST), investors are awaiting preliminary GDP data for the third quarter in the euro zone at 1000 GMT.<\/p>\n\n\n\n<p>Automotive sector shares rose 0.8 percent, while basic resources shares jumped 1 percent, led by Glencore, which increased 3.4 percent.<\/p>\n\n\n\n<p>The company agreed to buy a 77 percent stake in the Canadian mining company Tech Resources, a subsidiary of Tech Resources Ltd. to produce coal used in the steel industry, for $6.93 billion in cash.<\/p>\n\n\n\n<p>The German company Delivery Hero, which sells ready-made meals online, topped the STOXX 600 index with a six percent jump after it slightly raised its expectations for the full year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Tuesday, led by auto and basic resources shares, as investors awaited US inflation data that may provide a clearer picture of the Federal Reserve&#8217;s monetary policy outlook. By 0810 GMT, the European STOXX 600 index rose 0.1 percent after a broad rise in the previous session. In addition to US inflation &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-92520","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\/92520","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=92520"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/92520\/revisions"}],"predecessor-version":[{"id":92529,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/92520\/revisions\/92529"}],"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=92520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=92520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=92520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}