{"id":14222,"date":"2012-09-03T15:39:31","date_gmt":"2012-09-03T13:39:31","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/emerging-markets-stocks-rise-on-global-easing-hopes-forint-weak\/"},"modified":"2012-09-03T15:39:31","modified_gmt":"2012-09-03T13:39:31","slug":"emerging-markets-stocks-rise-on-global-easing-hopes-forint-weak","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-rise-on-global-easing-hopes-forint-weak\/","title":{"rendered":"EMERGING MARKETS-Stocks rise on global easing hopes, forint weak"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, Sept 3<\/span> (Reuters) &#8211; Emerging stocks rose half a<br \/>\npercent on Monday, helped by expectations of monetary easing in<br \/>\nthe world&#8217;s largest economies, while the Hungarian forint<br \/>\napproached five-week lows following a rate cut last week.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Federal Reserve Chairman Ben Bernanke on Friday left the<br \/>\ndoor wide open to a further easing of monetary policy, saying<br \/>\nthe stagnation in the U.S. labour market was a &#8220;grave concern,&#8221;<br \/>\nbut he stopped short of providing a clear signal of imminent<br \/>\naction.<\/p>\n<p><span><\/span><\/p>\n<p>Emerging stocks have risen 1 percent from<br \/>\nfour-week lows set on Friday before Bernanke&#8217;s speech, with U.S.<br \/>\npolicy easing expectations generally boosting higher-yielding<br \/>\nmarkets.<\/p>\n<p><span><\/span><\/p>\n<p>U.S. markets are shut on Monday for the Labour Day holiday.<\/p>\n<p><span><\/span><\/p>\n<p>Chinese stocks rose 0.6 percent, helped by strength<br \/>\nin the property sector after weaker-than-expected economic data<br \/>\nspurred hopes that Beijing will act to stem the slowdown in the<br \/>\nworld&#8217;s second-largest economy.<\/p>\n<p><span><\/span><\/p>\n<p>Markets are also looking ahead to a possible rate cut and<br \/>\nbond-buying plan from the European Central Bank on Thursday.<\/p>\n<p><span><\/span><\/p>\n<p>The forint fell 0.4 percent against the euro to<br \/>\nwithin sight of five-week lows after the central bank cut rates<br \/>\nby 25 basis points last week, with more cuts expected.<\/p>\n<p><span><\/span><\/p>\n<p>Hungarian five-year bond yields are at one-year<br \/>\nlows following the surprise cut, while Polish debt is<br \/>\nat one-month lows on increased rate cut expectations.<\/p>\n<p><span><\/span><\/p>\n<p>The zloty also approached five-week lows against<br \/>\nthe euro.<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting by Carolyn Cohn; Editing by Toby Chopra)<\/p>\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, Sept 3 (Reuters) &#8211; Emerging stocks rose half a percent on Monday, helped by expectations of monetary easing in the world&#8217;s largest economies, while the Hungarian forint approached five-week lows following a rate cut last week. Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary [&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-14222","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\/14222","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=14222"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14222\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}