{"id":500356,"date":"2022-06-24T09:45:50","date_gmt":"2022-06-24T04:15:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500356"},"modified":"2022-06-24T10:22:11","modified_gmt":"2022-06-24T04:52:11","slug":"global-stocks-oil-and-copper-fall-as-investors-expect-fed-rate-hike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-stocks-oil-and-copper-fall-as-investors-expect-fed-rate-hike\/","title":{"rendered":"Global stocks, oil and copper fall as investors expect Fed rate hike"},"content":{"rendered":"<p>Global markets fell on Thursday as investors worried that further rises in interest rates to quell decades-high inflation would tip economies into recession.<\/p>\n<p>The German economy, Europe&#8217;s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers&#8217; Index, while corresponding figures for France also showed weaker activity.<\/p>\n<p>The STOXX share index of 600 European companies fell 1.3% to a new low for the year.<\/p>\n<p>Prices of copper and crude oil sank on prospects of less demand for fuel and building materials as consumers limit spending.<\/p>\n<p>&#8220;Copper has always been the lead indicator commodity for economic growth,&#8221; said Patrick Spencer, vice chairman of equities at Baird Investment Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global markets fell on Thursday as investors worried that further rises in interest rates to quell decades-high inflation would tip economies into recession. The German economy, Europe&#8217;s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers&#8217; Index, while corresponding figures for France also showed weaker activity. The STOXX share index of 600 European companies fell 1.3% to a new low for the year. Prices of copper and crude oil sank on prospects of less demand for fuel and building materials as consumers limit spending. &#8220;Copper has always been the [&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-500356","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\/500356","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=500356"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500356\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}