{"id":10052,"date":"2021-05-24T09:32:38","date_gmt":"2021-05-24T09:32:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/european-shares-rise-on-economic-optimism\/"},"modified":"2021-05-24T09:32:38","modified_gmt":"2021-05-24T09:32:38","slug":"european-shares-rise-on-economic-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/european-shares-rise-on-economic-optimism\/","title":{"rendered":"European Shares Rise On Economic Optimism"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks rose on Monday to hover near record highs, as investors weighed inflation concerns against optimism over the global economic recovery from the <span class=\"landLinks\">coronavirus<\/span> pandemic.<\/p>\n<p>The focus remains on the volatility in the cryptocurrency space as well as key U.S. inflation readings due this week, with a high reading for the core inflation figures expected to revive talk of an early tapering by the U.S. Federal Reserve. <\/p>\n<p>The pan European Stoxx 600 rose half a percent to 444.29 in thin trade, with <span class=\"landLinks\">markets<\/span> in Austria, Denmark, Hungary, Norway, Switzerland and Germany closed for holiday. <\/p>\n<p>France&#8217;s CAC 40 index edged up 0.1 percent and the U.K.&#8217;s FTSE 100 was up 0.3 percent.<\/p>\n<p>Swedish telecom equipment maker Ericsson fell 1.6 percent. The company said that there is a risk that the decision by the Post and Telecommunication Authority to exclude Chinese vendors&#8217; products from the 5G auction in Sweden may adversely impact its economic interests. <\/p>\n<p>Cineworld rallied 3.4 percent in London. The company said its U.K. cinemas attracted more people than expected in its first weekend of reopening, following a months-long lockdown.<\/p>\n<p>Airline Wizz Air Holdings edged up 0.3 percent and easyJet gained more than 1 percent despite Germany&#8217;s public <span class=\"landLinks\">health<\/span> institute on Friday declaring Britain and Northern Ireland a virus variant region.<\/p>\n<p>Ryanair rose half a percent. Belarusian opposition activist Roman Protasevich was arrested after a Ryanair flight from Greece to Lithuania was forced to land in Belarus over an alleged bomb scare.<\/p>\n<p>Clothing retailer Ted Baker was little changed after reiterating its 2023 financial targets. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Rise On Economic Optimism<\/a><br \/>\n<br \/>2021-05-24 09:32:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Monday to hover near record highs, as investors weighed inflation concerns against optimism over the global economic recovery from the coronavirus pandemic. The focus remains on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-10052","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10052"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10053"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}