{"id":6335,"date":"2011-12-22T00:39:17","date_gmt":"2011-12-21T22:39:17","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/emerging-markets-stocks-up-on-u-s-data-putin-helps-rouble\/"},"modified":"2011-12-22T00:39:17","modified_gmt":"2011-12-21T22:39:17","slug":"emerging-markets-stocks-up-on-u-s-data-putin-helps-rouble","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-up-on-u-s-data-putin-helps-rouble\/","title":{"rendered":"EMERGING MARKETS-Stocks up on U.S. data, Putin helps rouble"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Emerging shares jump on patches of global economic<br \/>\nstrength<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Kazakh tenge recover from Tuesday&#8217;s 10-week low<\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian forint down post-rate hike; North Korean debt<br \/>\neyed<\/p>\n<p><span><\/span><\/p>\n<p>By Sebastian Tong<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Dec 21 (Reuters) &#8211; Emerging stocks jumped as<br \/>\nmuch as 2 percent on Wednesday, buoyed by glimmers of hope for<br \/>\nthe global economy while Russia&#8217;s rouble rallied after Prime<br \/>\nMinister Vladimir Putin pledged to keep the currency stable.<\/p>\n<p><span><\/span><\/p>\n<p>Kazakhstan&#8217;s tenge recovered after sinking to a 10-week low<br \/>\nwithin its trading band versus the dollar while Hungary&#8217;s forint<br \/>\nweakened past the 300 level against the euro a day after the<br \/>\ncentral bank delivered a rate hike.<\/p>\n<p><span><\/span><\/p>\n<p>A rise in U.S. housing starts and building permits suggested<br \/>\nrecovery was gaining ground in the world&#8217;s biggest economy,<br \/>\nreinforcing positive sentiment after Tuesday data showed German<br \/>\nbusiness morale improving sharply.<\/p>\n<p><span><\/span><\/p>\n<p>Banks took up 489 billion euros at the European Central<br \/>\nBank&#8217;s first-ever three-year funding, easing euro zone funding<br \/>\nstresses and also helping risk appetite.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The positive momentum has carried on from yesterday on the<br \/>\nback of the positive (German) IFO data, the housing starts from<br \/>\nthe U.S&#8230;This morning we had the ECB which has also helped,&#8221;<br \/>\nsaid Neil Shearing, senior economist at Capital Economics.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Emerging shares jump on patches of global economic strength * Kazakh tenge recover from Tuesday&#8217;s 10-week low * Hungarian forint down post-rate hike; North Korean debt eyed By Sebastian Tong LONDON, Dec 21 (Reuters) &#8211; Emerging stocks jumped as much as 2 percent on Wednesday, buoyed by glimmers of hope for the global economy [&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-6335","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\/6335","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=6335"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6335\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}