{"id":12947,"date":"2012-07-30T13:46:53","date_gmt":"2012-07-30T11:46:53","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/emerging-markets-stocks-hit-3-12-week-high-leu-rallies\/"},"modified":"2012-07-30T13:46:53","modified_gmt":"2012-07-30T11:46:53","slug":"emerging-markets-stocks-hit-3-12-week-high-leu-rallies","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-hit-3-12-week-high-leu-rallies\/","title":{"rendered":"EMERGING MARKETS-Stocks hit 3-1\/2 week high, leu rallies"},"content":{"rendered":"<p>\t\t<!--[if IE]&gt; div#resizeableText { overflow-x:auto; overflow-y:hidden; } &lt;![endif]--><\/p>\n<p>\t\t<span><\/span><\/p>\n<pre>LONDON, July 30 (Reuters) - Emerging market equities hit a\n3-1\/2-high on Monday as investors began the week optimistic of\nfurther stimulus from central banks, and the Romanian leu\nrallied after the country's president survived an impeachment\nattempt.\n    Emerging markets tracked global stocks, which rose to their\nhighest in more than three weeks, underpinned by hopes that the\nU.S. Federal Reserve may do more to bolster economic recovery in\nthe United States and the European Central Bank could act to\nlower surging Italian and Spanish borrowing costs.\n \n    The benchmark MSCI emerging stocks' index was up\n0.6 percent.\n    Rising global risk appetite helped push Russian stocks\n 1 percent higher while Indian stocks rose 1.3\npercent. Chinese stocks, however, fell 0.9 percent to\ntheir lowest in more than three years as plans to simplify\ndelisting rules to deter speculators unnerved investors already\nconcerned about slowing growth in the world's No. 2 economy.\n    The Romanian leu hit two-week highs, and was\ntrading up 0.6 percent after President Traian Basescu survived\nan impeachment vote on Sunday. \n    \"The outcome of the referendum should ease the pressure as\nthe government said it would abide by the court's ruling.\"\nSociete Generale told clients in a note. \n    \"The leu should strengthen from recent lows after\nyesterday's vote, but a significant and lasting recovery is\nunlikely before the November parliamentary election.\" \n    The shekel held steady after recovering on Friday\nfrom three-year lows. Monetary easing has weighed on the Israeli\ncurrency and tensions in the Middle East have been high\nfollowing a bomb blast in Bulgaria targeting Israelis, which the\ngovernment had blamed on Iran. \n    \n\n (Reporting by Alistair Smout; Editing by Susan Fenton)<\/pre>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, July 30 (Reuters) &#8211; Emerging market equities hit a 3-1\/2-high on Monday as investors began the week optimistic of further stimulus from central banks, and the Romanian leu rallied after the country&#8217;s president survived an impeachment attempt. Emerging markets tracked global stocks, which rose to their highest in more than three weeks, underpinned by [&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-12947","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\/12947","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=12947"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12947\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}