{"id":13567,"date":"2012-08-16T14:51:23","date_gmt":"2012-08-16T12:51:23","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/emerging-markets-turkey-russia-stocks-up-china-weighs\/"},"modified":"2012-08-16T14:51:23","modified_gmt":"2012-08-16T12:51:23","slug":"emerging-markets-turkey-russia-stocks-up-china-weighs","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-turkey-russia-stocks-up-china-weighs\/","title":{"rendered":"EMERGING MARKETS-Turkey, Russia stocks up; China weighs"},"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, Aug 16 (Reuters) - Emerging shares inched lower on\nThursday, with weakness in Asia offset by an oil price-related\nrise in Russia and gains in Turkish bank stocks ahead of a\nmonetary policy decision.\n    Emerging market currencies were mostly little changed, but\nthe Czech crown extended gains against the euro to a\n3-month high, underpinned by a strong fiscal backdrop.\n \n    MSCI's main emerging markets stock index slipped 0.18\npercent, weighed down by declines in China, where the\nCommerce Ministry said the trade outlook for 2012 was worsening,\nand in India. \n    The index is still up 6 percent on the year and near 3-month\nhighs, buoyed by expectations of more central bank stimulus.\n    Turkey's banking index jumped 1.2 percent in\nmorning trade, pushing Istanbul's main share index up\n0.7 percent ahead of the central bank's August policy meeting,\nwith the lira flat. \n    The central bank is expected to respond to slowing domestic\ngrowth and inflation by easing policy via an increase in the\namount of lira reserves that commercial lenders can hold in\nforeign currencies and gold. \n    Russia, the biggest component in the emerging Europe\nindex, edged up 0.33 percent, helped by a spike\nin oil prices to above $116 per barrel, while Polish stocks\n gained 1.12 percent in thin trade, led by gains by No.\n2 bank Pekao and refiner Lotos.    \n    \"Poland stands out in CEEMEA for its robust growth outlook,\"\nSociete Generale wrote in a research note. \n    Mainland Chinese markets were weaker, with alcohol producers\namong the top drags on benchmark indices after leading industry\nplayer Tsingtao Brewery  posted first half\nearnings below expectations. India's main BSE stock index\n was down 0.44 percent.\n    \n   \n\n (Reporting by Ingrid Melander; Additional reporting by Chris\nBorowski in Warsaw; Editing by John Stonestreet)<\/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, Aug 16 (Reuters) &#8211; Emerging shares inched lower on Thursday, with weakness in Asia offset by an oil price-related rise in Russia and gains in Turkish bank stocks ahead of a monetary policy decision. Emerging market currencies were mostly little changed, but the Czech crown extended gains against the euro to a 3-month high, [&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-13567","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\/13567","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=13567"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}