{"id":39113,"date":"2013-06-19T06:38:11","date_gmt":"2013-06-19T10:38:11","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=39113"},"modified":"2013-06-19T06:38:11","modified_gmt":"2013-06-19T10:38:11","slug":"european-shares-opens-higher-with-feds-conclusion-in-focus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/19\/european-shares-opens-higher-with-feds-conclusion-in-focus\/","title":{"rendered":"European shares opens higher with Fed\u2019s conclusion in focus"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>The European shares opened in a positive territory on Wednesday, while investors awaits final conclusion from the Federal Reserve\u2019s two-day meeting. The Federal Reserve\u2019s policy statement may hint when the central bank will narrow its $85 billion monthly asset-purchasing program.<\/p>\n<p>European Euro Stoxx 50 rose 0.16% to 2,705.15 as of 7.01am GMT. While futures for the French CAC 40 were up 0.10% to 3,864.49 at the same time .Germany\u2019s DAX futures increased 0.21% to 8,246.57 and the UK FTSE 100 futures gained 0.29% to 6,375.50 as of the same time.<span id=\"more-1995\"><\/span><\/p>\n<p>Over $2 trillion has been wiped out from the global stocks since May 22, when Fed Chairman Ben S. Bernanke hinted the central bank could slowdown its monthly asset-purchasing program if the economy growth picked up.<\/p>\n<p>&#8220;Although we don&#8217;t expect the Fed to decide to scale back its asset purchases today, we do think the prospect of an eventual tapering will continue to dampen capital inflows into emerging-market equities in particular, as it undermines investors&#8217; appetite for risk,&#8221; chief markets economist John Higgins wrote in a note to clients.<\/p>\n<p>Spain\u2019s trade balance is expected to record a sum of 300 million euros in April, compared to previous month record of 600 million euros.<\/p>\n<p>In the Asian market, the Japanese stock increased after a strong trade data indicated exports increased 10.1% in May, the most since 2010, while the Korean and Chinese stocks were weak before the outcome of the Federal Reserve meeting.<\/p>\n<p>The Chinese Shanghai Composite lost 0.78% to 2,140.28 as of 6:09am GMT, while the Hang Seng fell 0.55% to 21,108 at the same time. The Topix index rose 1.1%, while the MSCI Asia Pacific index advanced by 0.4%.<\/p>\n<p><b>\u00a0<\/b><\/p>\n<p>&nbsp;<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/european-shares-opens-higher-with-feds-conclusion-in-focus.html\">European shares opens higher with Fed&#8217;s conclusion in focus<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog The European shares opened in a positive territory on Wednesday, while investors awaits final conclusion from the Federal Reserve\u2019s two-day meeting. The Federal Reserve\u2019s policy statement may hint when the central bank will narrow its $85 billion monthly asset-purchasing program. European Euro Stoxx 50 rose 0.16% to 2,705.15 as of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/19\/european-shares-opens-higher-with-feds-conclusion-in-focus\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;European shares opens higher with Fed\u2019s conclusion in focus&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39113","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=39113"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39113\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=39113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=39113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=39113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}