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\t\t<\/span><\/p>\n <\/span><\/p>\n \n \t\t\u00a9 Thomson Reuters 2011 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":" * Equities fall on concerns over euro zone debt * Fed’s failure to signal stimulus adds to risk aversion * Bond spreads tighter, CEE currencies seen vulnerable By Seltem Iyigun LONDON, Dec 14 (Reuters) – Emerging stocks extended losses on Wednesday as concerns about the lack of a viable long-term solution to Europe’s debt problems […]<\/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-6132","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\/6132","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=6132"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6132\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}* Equities fall on concerns over euro zone debt\n * Fed's failure to signal stimulus adds to risk aversion\n * Bond spreads tighter, CEE currencies seen vulnerable\n\n By Seltem Iyigun\t\n LONDON, Dec 14 (Reuters) - Emerging stocks extended\nlosses on Wednesday as concerns about the lack of a viable\nlong-term solution to Europe's debt problems hit global risk\nappetite, and investors retreated from markets ahead of the\nyear-end.\t\n Markets have been sliding since the start of the week as\ninvestors settle on the view that measures agreed at last week's\nEU summit did little to fan hopes of a resolution to the\ntwo-year-old debt crisis.\t\n The failure of the Federal Reserve on Tuesday to signal \nrenewed action to stimulate the economy also dampened global\nrisk sentiment. \t\n \"In general the year-end illiquidity is a major concern.\nAlso, investors remain wary of the euro zone debt crisis,\nuncertain how it will evolve in the new year,\" said Di Luo,\nemerging markets fixed income strategist at HSBC.\t\n \"To some extent no further easing from the Fed did play a\nrole, but I think Europe is more the key issue.\"\t\n Also on Tuesday, Fitch revised the outlooks on the long-term\nforeign and local currency ratings of Bulgaria, the Czech\nRepublic, Latvia and Lithuania to stable from positive due to\nthe deteriorating European economic and financial\noutlook. \t\n The MSCI emerging equities index hit its lowest in\ntwo weeks and was more than 0.6 percent down by 1122 GMT, after\nclosing 0.9 percent down on Tuesday. The Thomson Reuters\nemerging Europe index stood down 0.09 percent. \t\n Emerging sovereign debt spreads narrowed by 4 basis\npoints to 367 bps over U.S. Treasuries.\t\n Emerging European currencies generally traded stronger on\nWednesday with the Serbian dinar 2.1 percent stronger\nversus the broadly weaker single euro while the Hungarian forint\nfirmed 0.5 percent. \t\n But analysts said central European currencies would remain\nvulnerable.\t\n \"Central and eastern Europe currencies will continue to\nunderperform relative to Latam and Asia. This (is) attributed to\nthe linkages with Western Europe on both the trade and funding\nchannels,\" wrote analysts at RBS.\t\n Kenya's shilling extended gains against the dollar to\nbreak through the 88 level for the first time since early June\nafter the central bank mopped up 4 billion shillings ($44.9\nmillion) from the market through repurchase agreements. \t\n\t\n (Editing by John Stonestreet)<\/pre>\n