{"id":11184,"date":"2021-06-25T05:30:37","date_gmt":"2021-06-25T05:30:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/european-shares-poised-for-firm-start-4\/"},"modified":"2021-06-25T05:30:37","modified_gmt":"2021-06-25T05:30:37","slug":"european-shares-poised-for-firm-start-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/25\/european-shares-poised-for-firm-start-4\/","title":{"rendered":"European Shares Poised For Firm Start"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks are seen opening a tad higher on Friday after the Federal Reserve released the results of its annual stress tests, saying that all 23 institutions remained well above risk-based minimum capital requirements. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> followed Wall Street higher while oil continued its climb, with Brent heading for a nearly 3 percent weekly gain on signs of a tightening market. <\/p>\n<p>Gold inched up and was set to post its first weekly rise in four as the dollar weakened. The Mexican peso surged to a two-week high following a surprise benchmark interest rate hike. <\/p>\n<p>The British pound held a dip after the Bank of England (BOE) shied away from hiking interest rates in its latest policy decision. Bitcoin gained bullish momentum and broke the key USD 35,000 resistance. <\/p>\n<p>It&#8217;s a quieter day ahead on the European economic calendar, with German consumer confidence figures due out later in the day. <\/p>\n<p>Across the Atlantic, trading may be impacted by reaction to a report on personal income and spending, which includes a reading on inflation said to be preferred by the Federal Reserve.<\/p>\n<p>U.S. stocks rose overnight as President Biden and a group of senators agreed on a $1 trillion infrastructure plan, and positive reports on jobless claims and durable goods orders reflected an improving <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>The tech-heavy Nasdaq Composite gained 0.7 percent and the S&amp;P 500 added 0.6 percent to reach new record closing highs while the Dow rallied 1 percent. <\/p>\n<p>European stocks advanced on Thursday on the back of buoyant Eurozone economic data and Bank of England Governor Bailey&#8217;s dovish comments.<\/p>\n<p>The pan European Stoxx 600 gained 0.9 percent. The German DAX inched up 0.9 percent, France&#8217;s CAC 40 index climbed 1.2 percent and the U.K.&#8217;s FTSE 100 rose half a percent. <\/p>\n<\/p>\n<\/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 Poised For Firm Start<\/a><br \/>\n<br \/>2021-06-25 05:30:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are seen opening a tad higher on Friday after the Federal Reserve released the results of its annual stress tests, saying that all 23 institutions remained well above&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11185,"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-11184","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11184","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=11184"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11185"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}