{"id":22022,"date":"2022-05-23T05:33:14","date_gmt":"2022-05-23T05:33:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/05\/23\/european-shares-seen-higher-at-open-7\/"},"modified":"2022-05-23T05:33:14","modified_gmt":"2022-05-23T05:33:14","slug":"european-shares-seen-higher-at-open-7","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/05\/23\/european-shares-seen-higher-at-open-7\/","title":{"rendered":"European Shares Seen Higher At Open"},"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 higher at open on Monday despite lingering concerns about inflation and its impact on global growth. <\/p>\n<p>The dollar eased and the U.S. 10-year Treasury bond yield fell 6 basis points to 2.78 percent, while gold prices touched a more than one-week high as investors await the minutes from the Fed&#8217;s recent meeting and a second reading on U.S. Q1 GDP this week for more clues on the pace of future rate hikes. <\/p>\n<p>Oil prices climbed amid hopes for solid fuel demand heading into the peak U.S. driving season. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> traded mixed in cautious trade, with Chinese and Hong Kong stocks declining as Beijing reported record highly daily Covid cases and Shanghai pushed for more restrictions. <\/p>\n<p>U.S. stocks seesawed before finishing mixed on Friday amidst fears of a looming recession. The Dow ended marginally higher after having plunged more than 600 points at its worst levels.<\/p>\n<p>The tech-heavy Nasdaq Composite slipped 0.3 percent, while the S&amp;P 500 briefly fell into bear market territory before ending largely unchanged.<\/p>\n<p>European stocks closed higher on Friday but still logged a negative week on concerns about inflation and growth.<\/p>\n<p>The pan European Stoxx 600 gained 0.7 percent after China cut its main mortgage interest rate by the most on record and British retail sales unexpectedly rose in April.<\/p>\n<p>The German DAX rose 0.7 percent, France&#8217;s CAC 40 index edged up 0.2 percent and the U.K.&#8217;s FTSE 100 added 1.2 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 Seen Higher At Open<\/a><br \/>\n<br \/>2022-05-23 05:33:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are seen higher at open on Monday despite lingering concerns about inflation and its impact on global growth. The dollar eased and the U.S. 10-year Treasury bond yield&#8230;<\/p>\n","protected":false},"author":2,"featured_media":22023,"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-22022","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22022","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=22022"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/22023"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=22022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=22022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=22022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}