{"id":10300,"date":"2012-04-26T16:32:27","date_gmt":"2012-04-26T14:32:27","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/emerging-markets-assets-rally-post-fed-forint-hits-2-mth-high\/"},"modified":"2012-04-26T16:32:27","modified_gmt":"2012-04-26T14:32:27","slug":"emerging-markets-assets-rally-post-fed-forint-hits-2-mth-high","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-assets-rally-post-fed-forint-hits-2-mth-high\/","title":{"rendered":"EMERGING MARKETS-Assets rally post-Fed, forint hits 2-mth high"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Forint hits 2-mth high, stocks at 3-wk high<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Emerging stocks rise, debt spreads narrow post-Fed<\/p>\n<p><span><\/span><\/p>\n<p>* Turkish lira hits 7-wk highs on tightening hopes<\/p>\n<p><span><\/span><\/p>\n<p>By Carolyn Cohn<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, April 26 (Reuters) &#8211; The Hungarian forint struck<br \/>\ntwo-month highs on Thursday on expectations Budapest will secure<br \/>\na much-needed aid package, as emerging assets rose broadly after<br \/>\nthe U.S. Federal Reserve pledged to maintain low interest rates.<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The Fed on Wednesday reiterated it expected rates would not<br \/>\nrise until late 2014 at the earliest, boosting the appeal of<br \/>\nhigher-yielding emerging market assets.<\/p>\n<p><span><\/span><\/p>\n<p>The forint has rallied by more than 4 percent against the<br \/>\neuro since Monday, after the European Commission<br \/>\nopened the way for talks with Budapest on EU\/IMF aid, ending a<br \/>\nfive-month dispute over Hungary&#8217;s central bank independence.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;While it will be difficult, an IMF deal will eventually be<br \/>\nconcluded as both parties have an interest in finding common<br \/>\nground,&#8221; said Murat Toprak, emerging markets strategist at HSBC.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Forint hits 2-mth high, stocks at 3-wk high * Emerging stocks rise, debt spreads narrow post-Fed * Turkish lira hits 7-wk highs on tightening hopes By Carolyn Cohn LONDON, April 26 (Reuters) &#8211; The Hungarian forint struck two-month highs on Thursday on expectations Budapest will secure a much-needed aid package, as emerging assets rose [&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-10300","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\/10300","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=10300"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}