{"id":10006,"date":"2012-04-17T16:20:59","date_gmt":"2012-04-17T14:20:59","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/emerging-markets-argentina-move-on-ypf-weighs-hungary-gains\/"},"modified":"2012-04-17T16:20:59","modified_gmt":"2012-04-17T14:20:59","slug":"emerging-markets-argentina-move-on-ypf-weighs-hungary-gains","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-argentina-move-on-ypf-weighs-hungary-gains\/","title":{"rendered":"EMERGING MARKETS-Argentina move on YPF weighs; Hungary gains"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rising Spanish debt insurance costs a worry<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian assets gain a reprieve<\/p>\n<p><span><\/span><\/p>\n<p>* Czech stocks hit 3-mth low, Russian stocks 2-1\/2 mth low<\/p>\n<p><span><\/span><\/p>\n<p>* Argentine debt insurance costs high<\/p>\n<p><span><\/span><\/p>\n<p>By Carolyn Cohn<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, April 17 (Reuters) &#8211; Argentina&#8217;s debt insurance<br \/>\ncosts rose after the country moved to seize control of leading<br \/>\nenergy company YPF on Monday, and worries about Spain&#8217;s debt<br \/>\nburden contributed to keeping most risky emerging markets under<br \/>\npressure on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>However, the assets of indebted Hungary gained a slight<br \/>\nreprieve from recent lows as investors watched talks underway<br \/>\nbetween the government, central bank, IMF, EU and European<br \/>\nCentral Bank that are critical to any financial aid deal.<\/p>\n<p><span><\/span><\/p>\n<p>Madrid called the move on YPF, controlled by<br \/>\nSpanish company Repsol, a hostile decision and vowed<br \/>\n&#8220;clear and strong&#8221; measures, while the EU&#8217;s executive European<br \/>\nCommission warned that an expropriation would send a very<br \/>\nnegative signal to investors.<\/p>\n<p><span><\/span><\/p>\n<p>Argentina&#8217;s five-year credit default swaps were quoted at<br \/>\n950 basis points, according to Markit, after closing at the<br \/>\nyear&#8217;s highs of 951 bps on Monday.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rising Spanish debt insurance costs a worry * Hungarian assets gain a reprieve * Czech stocks hit 3-mth low, Russian stocks 2-1\/2 mth low * Argentine debt insurance costs high By Carolyn Cohn LONDON, April 17 (Reuters) &#8211; Argentina&#8217;s debt insurance costs rose after the country moved to seize control of leading energy company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10006","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10006"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}