{"id":25203,"date":"2022-08-26T09:30:50","date_gmt":"2022-08-26T09:30:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/26\/european-shares-narrowly-mixed-as-investors-look-to-powell-for-guidance\/"},"modified":"2022-08-26T09:30:50","modified_gmt":"2022-08-26T09:30:50","slug":"european-shares-narrowly-mixed-as-investors-look-to-powell-for-guidance","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/26\/european-shares-narrowly-mixed-as-investors-look-to-powell-for-guidance\/","title":{"rendered":"European Shares Narrowly Mixed As Investors Look To Powell For Guidance"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were little changed in cautious trade on Friday after a survey showed Germany&#8217;s consumer confidence declined further to a new record low in September.<\/p>\n<p>Market research group GfK&#8217;s forward-looking consumer sentiment index fell to -36.5 in September from -30.9 in August as households started to build reserves to meet future energy bills, thus dampening the propensity to buy. The reading was forecast to fall moderately to -31.8.<\/p>\n<p>The pan European Stoxx 600 slipped 0.1 percent to 432.84 after closing 0.3 percent higher on Thursday. <\/p>\n<p>The German DAX was marginally higher, while France&#8217;s CAC 40 and the U.K.&#8217;s FTSE 100 were little changed with a positive bias. <\/p>\n<p>Danish brewer Carlsberg dipped half a percent after saying it may need to &#8220;significantly reduce&#8221; or halt beer production in Poland.<\/p>\n<p>Energy and services firm Centrica climbed 1.2 percent after Britain&#8217;s energy regulator Ofgem raised its cap on domestic energy bills to a record 3,549 pounds ($4,189) from Oct. 1.<\/p>\n<p>Anglo American added 1.3 percent after major copper producing country Peru abandoned a plan to hike taxes on the mining industry amid falling metal prices, high inflation and slowing growth.<\/p>\n<p>Micro Focus International shares jumped 92 percent to hit more than one-year highs after Canada&#8217;s OpenText struck a deal to buy the U.K. software firm in an all-cash deal of $6 billion including debt. <\/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 Narrowly Mixed As Investors Look To Powell For Guidance<\/a><br \/>\n<br \/>2022-08-26 09:30:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were little changed in cautious trade on Friday after a survey showed Germany&#8217;s consumer confidence declined further to a new record low in September. Market research group GfK&#8217;s&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-25203","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25203","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=25203"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25204"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}