{"id":12493,"date":"2021-08-03T05:28:28","date_gmt":"2021-08-03T05:28:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/03\/european-shares-set-for-softer-start\/"},"modified":"2021-08-03T05:28:28","modified_gmt":"2021-08-03T05:28:28","slug":"european-shares-set-for-softer-start","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/03\/european-shares-set-for-softer-start\/","title":{"rendered":"European Shares Set For Softer Start"},"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 are seen opening lower on Tuesday as investors fret about downside risks to growth posed by the Delta variant of the <span class=\"landLinks\">coronavirus<\/span>. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> were mixed as the spread of the Delta variant from the mainland&#8217;s coast to China&#8217;s inland cities prompted authorities to implement strict counter epidemic measures.<\/p>\n<p>The seven-day average of daily coronavirus infections in the United States has quadrupled from the levels recorded a month ago, according to data analyzed by the New York Times. <\/p>\n<p>Lingering worries over stricter regulations in China on a range of sectors ranging from <span class=\"landLinks\">technology<\/span>, fintech and education also weighed on sentiment. <\/p>\n<p>The dollar weakened after data showed U.S. manufacturing growth slowed for the second straight month. The 10-year U.S. Treasury yield remained below 1.20 percent after falling as low as 1.15 percent.  <\/p>\n<p>Gold slipped as investors awaited cues from a key U.S. non-farm payroll data due later this week. Oil extended overnight losses on fuel demand concerns.<\/p>\n<p>The Aussie dollar remained in high spirits as the Reserve Bank of Australia maintained plans to scale back its extraordinary $237 billion monetary stimulus from next month despite Sydney&#8217;s prolonged lockdown.<\/p>\n<p>U.S. stocks reversed early gains to end mixed overnight as strong earnings and progress on a U.S. infrastructure spending plan were offset by weak manufacturing data.<\/p>\n<p>The Dow dropped 0.3 percent and the S&amp;P 500 slid 0.2 percent while the tech-heavy Nasdaq Composite index inched up 0.1 percent.<\/p>\n<p>European stocks rose on Monday as optimism around earnings and economic reopening outweighed data showing signs of slowing growth in China.<\/p>\n<p>The pan European Stoxx 600 climbed 0.6 percent. The German DAX edged up 0.2 percent, France&#8217;s CAC 40 index rallied 1 percent and the U.K.&#8217;s FTSE added 0.7 percent. <\/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 Set For Softer Start<\/a><br \/>\n<br \/>2021-08-03 05:28:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are seen opening lower on Tuesday as investors fret about downside risks to growth posed by the Delta variant of the coronavirus. Asian markets were mixed as the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12494,"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-12493","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12493","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=12493"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12494"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}