{"id":168970,"date":"2022-12-29T21:38:19","date_gmt":"2022-12-29T21:38:19","guid":{"rendered":"https:\/\/precoinnews.com\/?p=168970"},"modified":"2022-12-29T21:38:19","modified_gmt":"2022-12-29T21:38:19","slug":"european-shares-seen-tad-higher-at-open","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/european-shares-seen-tad-higher-at-open\/","title":{"rendered":"European Shares Seen Tad Higher At Open"},"content":{"rendered":"<p> European stocks are seen opening a tad higher on Friday in light pre-Christmas trade. Financial <span>markets<\/span> in the U.K. will close early today for Christmas. <\/p>\n<p>Asian markets followed Wall Street lower as forecast-beating U.S. data fueled expectations that the Federal Reserve will continue to lift interest rates. <\/p>\n<p>China&#8217;s key money rate fell to a record low today after the country&#8217;s central bank made its biggest weekly liquidity injection into the banking system in nearly two months to help banks tide over the year-end rush for cash.<\/p>\n<p>A new analysis revealed that China is likely experiencing 1 million COVID infections and 5,000 virus deaths every day.<\/p>\n<p>The dollar rose broadly while gold traded flat after having fallen more than 1 percent on Thursday.<\/p>\n<p>An inflation reading said to be preferred by the Fed along with U.S. reports on durable goods orders, new home sales and consumer sentiment may sway markets later in the day.<\/p>\n<p>Oil rose over 1 percent in Asian trade after snapping a three-day winning streak in the previous session.<\/p>\n<p>U.S. stocks fell sharply overnight and the dollar rose, as signs of a tight labor market and an upward revision to the U.S. Q3 growth rate heightened expectations of further Fed tightening.<\/p>\n<p>The tech-heavy Nasdaq Composite tumbled 2.2 percent to its lowest closing level in well over a month, while the Dow dropped 1.1 percent and the S&#038;P 500 shed 1.5 percent.<\/p>\n<p>European stocks closed lower on Thursday as data showed U.K. GDP shrank more than initial estimated in the third quarter.<\/p>\n<p>The pan European STOXX 600 declined 1 percent. The German DAX lost 1.3 percent, France&#8217;s CAC 40 index tumbled 1 percent and the U.K.&#8217;s FTSE 100 eased 0.4 percent. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3333755\/european-shares-seen-tad-higher-at-open.aspx?type=ts\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are seen opening a tad<\/p>\n","protected":false},"author":3,"featured_media":168969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>European Shares Seen Tad Higher At Open - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/european-shares-seen-tad-higher-at-open\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Shares Seen Tad Higher At Open - 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