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\t\t<\/span><\/p>\n <\/span><\/p>\n \n \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":" LONDON, June 26 (Reuters) – Egyptian stocks extended gains on Tuesday to hit three-week highs on hopes the new government can revive a struggling economy while Russian assets rose after four days of losses in line with a recovery in oil prices. Overall, emerging stocks traded little changed ahead of a summit of European Union […]<\/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-11865","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\/11865","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=11865"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}LONDON, June 26 (Reuters) - Egyptian stocks extended gains\non Tuesday to hit three-week highs on hopes the new government\ncan revive a struggling economy while Russian assets rose after\nfour days of losses in line with a recovery in oil prices.\n Overall, emerging stocks traded little changed \nahead of a summit of European Union leaders that weighed on\nsentiment along with a mass downgrade of Spanish banks by\nratings agency Moody's and a bailout request from Cyprus\n.\n The Cairo stock index rose 3 percent adding to a 7\npercent jump on Monday, its biggest daily gain in nine years\nafter Mohamed Mursi was named Egypt's first freely elected\npresident, boosting hopes for a violence-free transition from\narmy rule and market-friendly economic policies.\n Egyptian 5-year credit default swaps eased another 3 bps to\n695 basis points, according to Markit, down almost 30 bps from\n3-1\/2 year highs touched late last week.\n In emerging Europe, Russian stocks rose 1.5 percent,\noff the previous session's three-week lows, while the rouble\nfirmed 0.25 percent against the dollar. But its markets\nwill remain under pressure as oil prices have slumped to $92 a\nbarrel, well under levels at which the budget was calculated. \n The Hungarian forint rose 0.4 percent against the euro\n ahead of a central bank meeting that is expected to\nleave interest rates unchanged. Rate-setting meetings later in\nthe week in Romania and the Czech Republic are also not expected\nto yield changes to interest rates \n.\n On debt markets, Bahrain was looking to issue a 10-year\ndollar bond, giving an initial spread guidance of 462.5 bps over\nmidswaps.\n \n\n (reporting by Sujata Rao; Editing by John Stonestreet)<\/pre>\n