{"id":13107,"date":"2021-08-20T05:37:50","date_gmt":"2021-08-20T05:37:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/20\/european-shares-set-for-steady-open-4\/"},"modified":"2021-08-20T05:37:50","modified_gmt":"2021-08-20T05:37:50","slug":"european-shares-set-for-steady-open-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/20\/european-shares-set-for-steady-open-4\/","title":{"rendered":"European Shares Set For Steady Open"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks look set to open higher on Friday, even as a cautious undertone may prevail amid concerns about the spread of COVID-19 variants, Fed tapering and China&#8217;s continuing regulatory crackdown on the tech sector. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> traded mixed, with Chinese and Hong Kong shares suffering heavy losses as state media scrutiny of online health care and medical beauty firms kept the focus on the government&#8217;s clampdown.<\/p>\n<p>Earlier today, China left its benchmark lending rate for corporate and household loans unchanged for a 16th straight month, as widely expected. <\/p>\n<p>Treasuries extended gains and the dollar held around a nine-month high, while oil headed for a weekly loss about 6 percent on concerns about weaker fuel demand as COVID-19 cases surge worldwide.<\/p>\n<p>Gold edged up slightly on rising concerns over the spread of <span class=\"landLinks\">coronavirus<\/span> Delta variant and its impact on economic recovery.<\/p>\n<p>U.S. stocks ended narrowly mixed overnight as data showed initial jobless claims fell to a new pandemic-era low in the week ended August 14th, adding to concerns the Federal Reserve could begin tapering stimulus this year.<\/p>\n<p>The Dow slipped 0.2 percent while the tech-heavy Nasdaq Composite and the S&amp;P 500 both inched up 0.1 percent.<\/p>\n<p>European stocks fell sharply on Thursday amid uncertainty over the spread of the coronavirus and the Fed&#8217;s taper plans.<\/p>\n<p>The pan European Stoxx 600 declined 1.5 percent. The German DAX tumbled 1.3 percent, France&#8217;s CAC 40 index plunged 2.4 percent and the U.K.&#8217;s FTSE 100 lost 1.5 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 Set For Steady Open<\/a><br \/>\n<br \/>2021-08-20 05:37:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks look set to open higher on Friday, even as a cautious undertone may prevail amid concerns about the spread of COVID-19 variants, Fed tapering and China&#8217;s continuing regulatory&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13108,"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-13107","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13107","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=13107"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13108"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}