{"id":11236,"date":"2009-08-12T00:00:00","date_gmt":"2009-08-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"banks-commods-drag-european-stocks-lower","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/banks-commods-drag-european-stocks-lower.html","title":{"rendered":"Banks, commods drag European stocks lower"},"content":{"rendered":"<p>Reuters &#8211; European shares closed lower on Tuesday in response to disappointing U.S. economic data, with banking and commodity stocks weighing the most on the main index. <\/p>\n<p> &#8221;We have had a couple of macro figures which did not please the market. The U.S. labour costs and productivity figures are worrying &#8230; they simply mean that there are enormous constraints on the consumer who are supposed to bail us all out of this,&#8221; said Heino Ruland, strategist at Ruland Research.<\/p>\n<p> &#8221;Industry is just slashing costs all over the place &#8230; it means final demand may not be strong enough,&#8221; he said.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/marketsNews\/idUSLB6653720090811?FORM=ZZNR\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; European shares closed lower on Tuesday in response to disappointing U.S. economic data, with banking and commodity stocks weighing the most on the main index. &#8221;We have had a couple of macro figures which did not please the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[15181,4187,10110,9062,15183,15182,4326,173],"class_list":["post-11236","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-commodity-stocks","tag-constraints","tag-economic-data","tag-european-shares","tag-labour-costs","tag-productivity-figures","tag-reuters","tag-strategist"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11236"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11236\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}