{"id":7228,"date":"2012-01-20T20:57:09","date_gmt":"2012-01-20T18:57:09","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/emerging-markets-stocks-at-11-wk-highs-forint-dips\/"},"modified":"2012-01-20T20:57:09","modified_gmt":"2012-01-20T18:57:09","slug":"emerging-markets-stocks-at-11-wk-highs-forint-dips","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-at-11-wk-highs-forint-dips\/","title":{"rendered":"EMERGING MARKETS-Stocks at 11-wk highs; forint dips"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks stay at 11-week highs; Greece deal eyed<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Forint rally pauses, rand fails to capitalise on equity<br \/>\ngains<\/p>\n<p><span><\/span><\/p>\n<p>* Robust demand for Polish, Romanian debt sales<\/p>\n<p><span><\/span><\/p>\n<p>By Alessandra  Prentice<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Jan 20 (Reuters) &#8211; Emerging stocks hovered at<br \/>\nan 11-week high on Friday as signs that Greece would reach an<br \/>\nagreement with its private creditors and avoid a chaotic default<br \/>\nleft investors happy with their exposure to riskier assets,<br \/>\nwhile central European currencies eased off recent peaks.<\/p>\n<p><span><\/span><\/p>\n<p>The Hungarian forint dipped after touching a month high in<br \/>\nthe previous session while robust oil prices kept Russia&#8217;s<br \/>\nshares aloft for the fifth session in a row.<\/p>\n<p><span><\/span><\/p>\n<p>Early week gains sparked off by better-than-expected growth<br \/>\nfigures from China moderated as data showed Chinese factory<br \/>\noutput slowing at the start of the year, but signs of<br \/>\nstabilisation in the debt-burdened euro zone kept sentiment<br \/>\nbenign.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Markets are taking a bit of a breather as we saw a very<br \/>\nstrong directional market for most the week,&#8221; said Luis Costa,<br \/>\nhead of CEEMEA FX and debt strategy at Citi.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We could be trading with a positive tone in many asset<br \/>\nclasses until around mid-February but there are headwinds out<br \/>\nthere,&#8221; he said, citing the potential for negative developments<br \/>\nin Greece to dampen investor sentiment.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks stay at 11-week highs; Greece deal eyed * Forint rally pauses, rand fails to capitalise on equity gains * Robust demand for Polish, Romanian debt sales By Alessandra Prentice LONDON, Jan 20 (Reuters) &#8211; Emerging stocks hovered at an 11-week high on Friday as signs that Greece would reach an agreement with its [&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-7228","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\/7228","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=7228"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7228\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}