{"id":7381,"date":"2012-01-25T21:10:35","date_gmt":"2012-01-25T19:10:35","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/emerging-markets-shares-at-3-mth-highs-forint-up\/"},"modified":"2012-01-25T21:10:35","modified_gmt":"2012-01-25T19:10:35","slug":"emerging-markets-shares-at-3-mth-highs-forint-up","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-shares-at-3-mth-highs-forint-up\/","title":{"rendered":"EMERGING MARKETS-Shares at 3-mth highs, forint up"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks hold steady at 12-wk high<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Rouble at 4-month high on strong oil prices<\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian forint at 3-month peak despite surprise rate cut<\/p>\n<p><span><\/span><\/p>\n<p>By Alessandra  Prentice<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Jan 25 (Reuters) &#8211; Emerging stocks danced near<br \/>\nthree-month highs on Wednesday with the impasse over Greek debt<br \/>\ntalks limiting gains while the Hungarian forint jumped to a<br \/>\nthree-month peak although the central bank confounded market<br \/>\nexpectations of a rate hike.<\/p>\n<p><span><\/span><\/p>\n<p>Russia&#8217;s rouble rose to its highest in over four<br \/>\nmonths against its dollar\/euro basket, propelled by month-end<br \/>\ntax payments from exporters and strong oil prices.<\/p>\n<p><span><\/span><\/p>\n<p>Fresh evidence that Germany would avoid recession kept<br \/>\nsentiment buoyant, though the lack of a breakthrough in talks<br \/>\nbetween euro zone ministers and Greece&#8217;s private creditors<br \/>\nreined in gains.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The momentum on emerging markets has generally been<br \/>\nstronger and the collapse of implied volatilities across all<br \/>\nasset classes suggests a more constructive risk environment,&#8221;<br \/>\nsaid Imran Ahmad, emerging market strategist at RBS.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Most people are underinvested in emerging markets and Asia<br \/>\nand Latin America remain relatively immune to the euro zone<br \/>\ncrisis.&#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks hold steady at 12-wk high * Rouble at 4-month high on strong oil prices * Hungarian forint at 3-month peak despite surprise rate cut By Alessandra Prentice LONDON, Jan 25 (Reuters) &#8211; Emerging stocks danced near three-month highs on Wednesday with the impasse over Greek debt talks limiting gains while the Hungarian forint [&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-7381","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\/7381","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=7381"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7381\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}