{"id":13391,"date":"2021-08-30T09:43:22","date_gmt":"2021-08-30T09:43:22","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/30\/european-shares-hold-steady-in-holiday-thinned-trade\/"},"modified":"2021-08-30T09:43:22","modified_gmt":"2021-08-30T09:43:22","slug":"european-shares-hold-steady-in-holiday-thinned-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/30\/european-shares-hold-steady-in-holiday-thinned-trade\/","title":{"rendered":"European Shares Hold Steady In Holiday-thinned Trade"},"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 held firm near record highs on Monday after Federal Reserve Chair Jerome Powell sounded more cautious than other Fed officials when talking about tapering.<\/p>\n<p>Powell signaled the central bank is likely to begin tapering some of its easy-money policies before the end of the year but there&#8217;s &#8220;much ground to cover&#8221; before rate hikes happen.<\/p>\n<p>The upside, however, remained capped after the Wall Street Journal reported that Beijing is looking at new rules that would restrict domestic internet firms from going public in the U.S.<\/p>\n<p>In economic releases, Eurozone <span class=\"landLinks\">business<\/span> and household confidence declined slightly in August, following July&#8217;s record high, the European Commission said.<\/p>\n<p>The economic sentiment indicator, an aggregate measure of business and consumer confidence, dropped to 117.5 in August from 119.0 in July.<\/p>\n<p>Focus now shifts to August inflation data for Germany due later in the day ahead of next week&#8217;s meeting of European Central Bank policymakers.<\/p>\n<p>ECB chief Christine Lagarde last month promised sustained support for the single currency zone, saying the central bank has learned from the errors of past crises and won&#8217;t derail the current economic recovery by withdrawing emergency support too early.<\/p>\n<p>The pan European Stoxx 600 was up 0.1 percent at 472.83 after rising 0.4 percent on Friday. The German DAX and France&#8217;s CAC 40 index both edged up around 0.2 percent, while U.K. <span class=\"landLinks\">markets<\/span> remain closed for a bank holiday. <\/p>\n<\/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 Hold Steady In Holiday-thinned Trade<\/a><br \/>\n<br \/>2021-08-30 09:43:22<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks held firm near record highs on Monday after Federal Reserve Chair Jerome Powell sounded more cautious than other Fed officials when talking about tapering. Powell signaled the central&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13392,"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-13391","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13391","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=13391"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13392"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}