{"id":9274,"date":"2021-04-29T05:30:41","date_gmt":"2021-04-29T05:30:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/european-shares-seen-higher-as-yields-ease\/"},"modified":"2021-04-29T05:30:41","modified_gmt":"2021-04-29T05:30:41","slug":"european-shares-seen-higher-as-yields-ease","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/european-shares-seen-higher-as-yields-ease\/","title":{"rendered":"European Shares Seen Higher As Yields Ease"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks may open higher on Thursday as U.S. Treasury yields eased after rallying initially on upbeat consumer confidence data, progress on vaccinations and strong policy support. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> advanced after U.S. President Joe Biden delivered his first joint address to Congress, outlining ambitious plans to build America as the nation gets the pandemic under control. <\/p>\n<p>Gold gained ground while the dollar held near nine-week lows after the Fed squashed speculation about an early tapering of asset buying. Oil extended overnight gains after bullish forecasts on recovering demand this summer.<\/p>\n<p>In economic releases, consumer prices and unemployment data from Germany as well as economic confidence survey results from the euro area are due later in the session, headlining a busy day for the European economic news.<\/p>\n<p>Across the Atlantic, traders will likely keep an eye on the preliminary reading on first quarter GDP as well as reports on weekly jobless claims and pending home sales.<\/p>\n<p>Earnings news is likely to attract attention, with Apple and Facebook delivering soaring profits that essentially doubled over the previous year. <\/p>\n<p>EBay&#8217;s earnings outlook for the current quarter missed analysts&#8217; estimates, while Ford lowered the top end of its full-year guidance.<\/p>\n<p>U.S. stocks ended lower overnight as the Fed left interest rates and asset purchases unchanged while pledging to keep policy accommodative for some time, despite rising inflation. <\/p>\n<p>Officials strengthened their assessment of the <span class=\"landLinks\">economy<\/span>, citing progress on vaccinations and strong policy support. <\/p>\n<p>Traders also reacted to the latest earnings news from several big-name companies, including Alphabet, Visa, Microsoft and Boeing.<\/p>\n<p>The Dow slid half a percent, the tech-heavy Nasdaq Composite slipped 0.3 percent and the S&amp;P 500 edged down marginally. <\/p>\n<p>European stocks eked out modest gains on Wednesday as investors cheered a batch of strong earnings. <\/p>\n<p>The pan European Stoxx 600 ended flat with a positive bias. The German DAX and the U.K.&#8217;s FTSE 100 both rose around 0.3 percent while France&#8217;s CAC 40 index added half a 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 Seen Higher As Yields Ease<\/a><br \/>\n<br \/>2021-04-29 05:30:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks may open higher on Thursday as U.S. Treasury yields eased after rallying initially on upbeat consumer confidence data, progress on vaccinations and strong policy support. Asian markets advanced&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9275,"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-9274","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9274","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=9274"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9275"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}