{"id":9789,"date":"2021-05-11T05:33:44","date_gmt":"2021-05-11T05:33:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/11\/european-shares-seen-lower-amid-inflation-jitters\/"},"modified":"2021-05-11T05:33:44","modified_gmt":"2021-05-11T05:33:44","slug":"european-shares-seen-lower-amid-inflation-jitters","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/11\/european-shares-seen-lower-amid-inflation-jitters\/","title":{"rendered":"European Shares Seen Lower Amid Inflation Jitters"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks are likely to open lower on Tuesday as investors fret about the threat of inflation and rotate away from expensive growth stocks to quality value stocks. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> succumbed to selling pressure as record high prices for commodities stoked fears of the U.S. Federal Reserve tightening its monetary policy much sooner than expected.<\/p>\n<p>Data showed earlier today that China&#8217;s factory gate prices rose in April at the fastest rate in three and a half years, while consumer inflation saw modest gains. <\/p>\n<p>U.S. consumer price inflation data due on Wednesday is expected to show a strong gain in April.<\/p>\n<p>Chicago Federal Reserve President Charles Evans told CNBC on Monday that he would be comfortable if inflation ran a little hot for a while. Governor Lael Brainard will have a chance to reinforce that message later today. <\/p>\n<p>Economic confidence survey data from Germany is due later in the session, headlining a light day for the European economic news. The economic sentiment index is seen at 72 in May versus 70.7 in April.<\/p>\n<p>U.S. stocks fell overnight on worries about accelerating inflation. The Dow hit a record intraday high before finishing 0.1 percent lower, while the S&amp;P 500 fell over 1 percent and the tech-heavy Nasdaq Composite tumbled as much as 2.6 percent after negative analyst comments.<\/p>\n<p>European stocks struggled for direction on Monday as caution set in after recent strong gains. The pan European Stoxx 600 edged up 0.1 percent. <\/p>\n<p>The German DAX and France&#8217;s CAC 40 index both closed little changed while the U.K.&#8217;s FTSE 100 slipped 0.1 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 Lower Amid Inflation Jitters<\/a><br \/>\n<br \/>2021-05-11 05:33:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are likely to open lower on Tuesday as investors fret about the threat of inflation and rotate away from expensive growth stocks to quality value stocks. Asian markets&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-9789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9789","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=9789"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9790"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}