{"id":43842,"date":"2023-11-29T21:39:17","date_gmt":"2023-11-29T21:39:17","guid":{"rendered":"https:\/\/cabanesetcompagnie.com\/?p=43842"},"modified":"2023-11-29T21:39:17","modified_gmt":"2023-11-29T21:39:17","slug":"european-shares-seen-opening-mixed-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/cabanesetcompagnie.com\/business\/european-shares-seen-opening-mixed-in-lackluster-trade\/","title":{"rendered":"European Shares Seen Opening Mixed In Lackluster Trade"},"content":{"rendered":"
European stocks may open mostly lower on Thursday, though U.K. markets<\/span> may rise at open after ending slightly lower in the previous session. <\/p>\n Trading volumes may remain subdued somewhat due to the Thanksgiving Day holiday in the U.S. There will be a shortened session on Wall Street Friday. <\/p>\n Asian stocks traded mixed in range-bound trade, with Japanese markets closed on account of Workers Day.<\/p>\n China’s property sector remained in focus as Shenzhen rolled out two new homebuying measures and the government placed Country Garden Holdings Co. and Sino-Ocean Group on a draft list of 50 developers eligible for a range of financing support.<\/p>\n Gold edged higher amid broader dollar weakness and lower Treasury yields. <\/p>\n Oil prices fell over 1 percent to extend overnight losses on data showing a substantial build in U.S. crude stocks and news that the OPEC+ group of oil producing countries would delay a meeting to discuss output cuts.<\/p>\n In economic releases, French business<\/span> sentiment survey results and flash purchasing managers’ survey results from euro area and the U.K. are due later in the session. <\/p>\n The European Central Bank is set to publish the account of the monetary policy meeting of the Governing Council held on October 25 and 26.<\/p>\n U.S. stocks ended slightly higher overnight ahead of the Thanksgiving holiday. A spate of economic data, including jobless claims, durable goods, and consumer sentiment, suggested that the economy<\/span> is softening but is still resilient enough to potentially avoid recession as the Federal Reserve prefers.<\/p>\n The Dow and the tech-heavy Nasdaq Composite both gained around half a percent while the S&P 500 inched up 0.4 percent.<\/p>\n European stocks mostly rose on Wednesday amid dovish Fed expectations, easing Middle East tensions and talk of early U.K. election. The pan European STOXX 600 inched up 0.3 percent.<\/p>\n The German DAX and France’s CAC 40 both rose about 0.4 percent while the U.K.’s FTSE 100 eased 0.2 percent after the government cut taxes in the Autumn statement. <\/p>\n