* Emerging stocks edge up, debt spreads inch in
* Turkish lira buoyant after tightening comment
* S.Africa firm on expectations of Citi bond index entry
* Forint steady, awaits any news on aid talks
* Argentina’s CDS, debt spreads above 1,000 bps
By Carolyn Cohn
LONDON, April 19 (Reuters) – The Turkish lira and South
African assets rose on Thursday on the back of avowals of
tighter monetary policy from Istanbul and the prospect of South
African bonds being included in a key index.
Broader emerging market assets ticked up but remain riveted
on developments in the euro zone and U.S. and Chinese growth
prospects.
“Yesterday’s statement from the Turkish central bank was
hawkish, the focus is still on inflation,” said Gaelle
Blanchard, emerging markets strategist at Societe Generale,
adding:
Continued…
