{"id":9169,"date":"2021-04-20T05:36:14","date_gmt":"2021-04-20T05:36:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/20\/european-shares-set-for-cautious-start-3\/"},"modified":"2021-04-20T05:36:14","modified_gmt":"2021-04-20T05:36:14","slug":"european-shares-set-for-cautious-start-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/20\/european-shares-set-for-cautious-start-3\/","title":{"rendered":"European Shares Set For Cautious Start"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks are likely to open on a cautious note Tuesday as concerns over <span class=\"landLinks\">coronavirus<\/span> vaccination and rising infections continued to be in the spotlight, and Treasury yields rebounded on prospects for a strong global recovery.<\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> are trading mixed as investors weighed corporate earnings and recent spikes in virus cases. Gold slipped from a seven-week high hit in the last session while the dollar wallowed near a six-week low against its peers. <\/p>\n<p>U.S. President Joe Biden held a meeting on Monday with a bipartisan group of lawmakers who have all served as governors or mayors, as the White House seeks a deal on his more than $2 trillion jobs and infrastructure proposal.<\/p>\n<p>&#8220;I am prepared to compromise and prepared to see what we can do and what we can come together on,&#8221; Biden said at the outset of the meeting.<\/p>\n<p>Earlier today, China kept its benchmark lending rates unchanged, as widely expected. <\/p>\n<p>The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.<\/p>\n<p>Oil prices edged higher on dollar weakness and on expectations of a drop in U.S. crude oil and distillate stockpiles last week. <\/p>\n<p>U.S. stocks slipped from record highs overnight as investors looked ahead to more earnings news and economic data to gauge whether high valuations are justified. <\/p>\n<p>The Dow slipped 0.4 percent, the S&amp;P 500 shed half a percent and the tech-heavy Nasdaq Composite lost 1 percent. <\/p>\n<p>European markets ended mixed on Monday, giving up early gains. The pan European Stoxx 600 ended flat with a negative bias. <\/p>\n<p>The German DAX gave up 0.6 percent and the U.K.&#8217;s FTSE 100 eased 0.3 percent while France&#8217;s CAC 40 index edged up 0.2 percent. <\/p>\n<\/p>\n<p>Business News<\/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 Cautious Start<\/a><br \/>\n<br \/>2021-04-20 05:36:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are likely to open on a cautious note Tuesday as concerns over coronavirus vaccination and rising infections continued to be in the spotlight, and Treasury yields rebounded on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9170,"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-9169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9169","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=9169"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9170"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}