{"id":9939,"date":"2021-05-20T05:40:41","date_gmt":"2021-05-20T05:40:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/20\/european-shares-seen-tad-higher-at-open-3\/"},"modified":"2021-05-20T05:40:41","modified_gmt":"2021-05-20T05:40:41","slug":"european-shares-seen-tad-higher-at-open-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/20\/european-shares-seen-tad-higher-at-open-3\/","title":{"rendered":"European Shares Seen Tad Higher At Open"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks look set to open a tad higher on Thursday after steep losses in the previous session. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> are trading mixed while commodities extended declines after the Federal Reserve&#8217;s latest meeting minutes flagged the possibility of a debate on scaling back asset purchases.<\/p>\n<p>The benchmark 10-year Treasury yield held steady after climbing to 1.67 percent. <\/p>\n<p>The dollar bounced off three-month lows against European currencies and gold scaled a four-month high on inflation anxiety, while oil edged up slightly after slumping to the lowest in three weeks on concerns of Iranian supply return and data showing rising U.S. stockpiles.<\/p>\n<p>Bitcoin, the biggest and most popular cryptocurrency, stabilized somewhat after plunging 14 percent on Wednesday to its lowest since late January. <\/p>\n<p>In economic releases, the European Central Bank releases euro area current account data for March later in the day. The current account surplus totaled EUR 25.9 billion in February.<\/p>\n<p>IMF Managing Director Kristalina Georgieva and ECB President Christine Lagarde will be speaking at the Vienna Economic Dialogue. Euro-area finance ministers and central bank chiefs hold an informal meeting. <\/p>\n<p>U.S. stocks ended lower overnight as Treasury yields rose following the release of Fed&#8217;s April meeting minutes. Some officials said talking about tapering might be needed at an upcoming meeting if the <span class=\"landLinks\">economy<\/span> continues to show signs of recovery and inflation keeps trending higher.<\/p>\n<p>The Dow plunged more than 580 points before ending half a percent lower and the S&amp;P 500 dipped 0.3 percent, while the tech-heavy Nasdaq Composite index ended flat with a negative bias.<\/p>\n<p>European stocks ended Wednesday&#8217;s session sharply lower as investors grew wary of rising inflationary pressures and a sudden crash of cryptocurrencies including Bitcoin.<\/p>\n<p>The pan European Stoxx 600 tumbled 1.5 percent. Germany&#8217;s DAX fell 1.8 percent, France&#8217;s CAC 40 index dropped 1.4 percent and the U.K.&#8217;s FTSE 100 gave up 1.2 percent. <\/p>\n<\/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 Tad Higher At Open<\/a><br \/>\n<br \/>2021-05-20 05:40:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks look set to open a tad higher on Thursday after steep losses in the previous session. Asian markets are trading mixed while commodities extended declines after the Federal&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9940,"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-9939","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9939","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=9939"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9940"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}