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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 28 (Reuters) – Emerging market shares fell on Thursday, tracking developed markets on expectations that a European Union summit will fail to address the bloc’s protracted debt crisis, while military tensions weighed on Turkish assets. MSCI’s emerging equity index slipped around 0.40 percent , losing ground after two days of gains as divisions […]<\/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-11943","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\/11943","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=11943"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11943\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}LONDON, June 28 (Reuters) - Emerging market shares fell on\nThursday, tracking developed markets on expectations that a\nEuropean Union summit will fail to address the bloc's protracted\ndebt crisis, while military tensions weighed on Turkish assets.\n MSCI's emerging equity index slipped around 0.40 percent \n, losing ground after two days of gains as divisions\namong European leaders ahead of the two-day summit starting\nlater in the day hit sentiment.\n Turkish shares fell half a percent and the lira\ncurrency plumbed two-week lows, reacting as Turkish troops and\nmilitary vehicles were deployed towards the border with Syria\nafter Prime Minister Tayyip Erdogan gave orders to react to any\nSyrian threat approaching the frontier. \n The lira was also hurt by a suggestion from the central bank\ngovernor that the inflation forecast could be trimmed, boosting\nexpectations of an interest rate cut.\n Turkish credit default swaps inched up 7 bps to 258 bps,\naccording to Markit, and Turkish dollar bonds' yield premium to\nU.S. Treasuries rose 7 basis points, underperforming the broader\nemerging debt index.\n \"The lira has weakened compared to this morning for a few\nreasons, the troop movements on the Syrian border, the central\nbank governor's comments and lower risk appetite,\" said Tufan\nComert, a strategist at Garanti Securities in Istanbul.\n Other emerging currencies also slid, with the Hungarian\nforint down 0.6 percent against the euro. News that Hungary is\nclearing a path to signing an IMF-led financing deal is being\noffset by pessimism on the upcoming EU summit, analysts said.\n \"The focus of the moment is on the EU summit,\" said Manik\nNarain, emerging FX strategist at UBS. \n \"The relief rally we saw in the forint is running out of\nsteam. A lot of good news is already priced in. Markets have\npositioned for the completion of the IMF deal in six months and\nfor the central bank cutting rates but that may be difficult.\"\n Other regional currencies also fell, with the Polish zloty\n down 0.7 percent. \n Earlier in the day, China's main stock index closed\ndown 1 percent, extending a losing streak for a seventh day amid\nworries over a slowdown in the domestic economy and the euro\nzone crisis. \n \n\n (Reporting by Ingrid Melander; Editing by John Stonestreet)<\/pre>\n