{"id":428749,"date":"2021-08-03T08:46:01","date_gmt":"2021-08-03T03:16:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=428749"},"modified":"2021-08-03T09:33:10","modified_gmt":"2021-08-03T04:03:10","slug":"european-shares-climb-higher-oil-hit-by-china-demand-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/european-shares-climb-higher-oil-hit-by-china-demand-concerns\/","title":{"rendered":"European shares climb higher; oil hit by China demand concerns"},"content":{"rendered":"<p>LONDON (Reuters) &#8211; European shares picked up in early trading on Monday after a recovery in Asian equities overnight, with risk appetite boosted by recent strong earnings and a U.S. infrastructure bill, though oil prices were hit by concerns about Chinese demand.<\/p>\n<p>The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% at 0805 GMT, after Asian shares recouped some of their recent losses. <\/p>\n<p>MSCI&#8217;s main European Index rose around 0.8%, while the Stoxx 600 hit a new all-time high, up 0.7%.<\/p>\n<p>Risk appetite was boosted by the prospect of more fiscal stimulus in the United States, as senators introduced a sweeping $1 trillion infrastructure spending plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) &#8211; European shares picked up in early trading on Monday after a recovery in Asian equities overnight, with risk appetite boosted by recent strong earnings and a U.S. infrastructure bill, though oil prices were hit by concerns about Chinese demand. The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% at 0805 GMT, after Asian shares recouped some of their recent losses. MSCI&#8217;s main European Index rose around 0.8%, while the Stoxx 600 hit a new all-time high, up 0.7%. Risk appetite was boosted by the prospect of more fiscal stimulus in the United [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-428749","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=428749"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428749\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=428749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=428749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=428749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}