{"id":8385,"date":"2012-02-27T14:39:35","date_gmt":"2012-02-27T12:39:35","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/emerging-markets-oil-worries-dent-stocks-russia-benefits\/"},"modified":"2012-02-27T14:39:35","modified_gmt":"2012-02-27T12:39:35","slug":"emerging-markets-oil-worries-dent-stocks-russia-benefits","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-oil-worries-dent-stocks-russia-benefits\/","title":{"rendered":"EMERGING MARKETS-Oil worries dent stocks, Russia benefits"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Emerging stocks drop 1 pct, debt spreads widen<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Oil exporter Russia&#8217;s stocks hit 6-mth highs<\/p>\n<p><span><\/span><\/p>\n<p>* Israeli shekel hits 6-week lows before rate decision<\/p>\n<p><span><\/span><\/p>\n<p>By Carolyn Cohn<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Feb 27 (Reuters) &#8211; Emerging stocks dropped 1<br \/>\npercent on Monday as higher oil prices dented risk appetite and<br \/>\nraised concern about oil-importing emerging economies, but oil<br \/>\nexporter Russia&#8217;s stocks hit six-month highs.<\/p>\n<p><span><\/span><\/p>\n<p>Oil prices have risen sharply in the past week on worries<br \/>\nthat tension over Iran&#8217;s disputed nuclear programme could lead<br \/>\nto a disruption in Middle East supplies, though Brent crude<br \/>\nslipped below $125 on Monday.<\/p>\n<p><span><\/span><\/p>\n<p>Rising oil prices are likely to lead to inflation in<br \/>\nemerging economies, making it harder to ease monetary policy.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The markets are beginning to fret about the implications of<br \/>\nhigher energy prices and it is negative for emerging market<br \/>\ncurrencies and equity markets,&#8221; said Manik Narain, emerging FX<br \/>\nstrategist at UBS.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;S ome of the economies like Turkey and India<br \/>\nare getting hit hard , especially as they<br \/>\nhave very large external deficit<br \/>\npositions . &#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Emerging stocks drop 1 pct, debt spreads widen * Oil exporter Russia&#8217;s stocks hit 6-mth highs * Israeli shekel hits 6-week lows before rate decision By Carolyn Cohn LONDON, Feb 27 (Reuters) &#8211; Emerging stocks dropped 1 percent on Monday as higher oil prices dented risk appetite and raised concern about oil-importing emerging economies, [&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-8385","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\/8385","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=8385"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8385\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}