{"id":8510,"date":"2012-03-02T14:49:13","date_gmt":"2012-03-02T12:49:13","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-up-for-3rd-week-poll-jitters-hit-russia\/"},"modified":"2012-03-02T14:49:13","modified_gmt":"2012-03-02T12:49:13","slug":"emerging-markets-stocks-up-for-3rd-week-poll-jitters-hit-russia","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-up-for-3rd-week-poll-jitters-hit-russia\/","title":{"rendered":"EMERGING MARKETS-Stocks up for 3rd week; poll jitters hit Russia"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Russian assets stall ahead of weekend election; oil<br \/>\nsupports<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Emerging equities head for third straight week or gains<\/p>\n<p><span><\/span><\/p>\n<p>* Iran votes in parliament election<\/p>\n<p><span><\/span><\/p>\n<p>By Philip Baillie<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 2 (Reuters) &#8211; Emerging equities rose on<br \/>\nFriday, heading for their third consecutive week of gains but<br \/>\nRussian assets stalled as jitters grew ahead of a weekend<br \/>\npresidential election that is widely expected to result in<br \/>\nvictory for Vladimir Putin.<\/p>\n<p><span><\/span><\/p>\n<p>World markets have added to gains this week after the<br \/>\nEuropean Central Bank&#8217;s half a trillion euros in cheap<br \/>\nthree-year loans soothed worries about banks&#8217; balance sheets,<br \/>\ndriving down bond yields for highly indebted euro zone<br \/>\ngovernments and encouraging larger positions in developing<br \/>\neconomies.<\/p>\n<p><span><\/span><\/p>\n<p>The MSCI emerging equities index rose 0.2 percent<br \/>\nbut stayed off 6-1\/2-month highs hit earlier this week. The<br \/>\nindex has rallied in eight out of the nine weeks since the start<br \/>\nof the year and has risen 18 percent this year.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;What we are seeing is that whenever there&#8217;s no bad news<br \/>\nemerging markets are getting inflows. Basically the absence of<br \/>\nnews is supportive of EMs,&#8221; said David Hauner, head of EEMEA<br \/>\neconomics and fixed income strategy at BofA Merrill Lynch Global<br \/>\nResearch.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;One reason is that after the carnage of the second half of<br \/>\nlast year, positioning is still lower than it was in many<br \/>\nmarkets,&#8221; Hauner said, noting that most emerging assets were yet<br \/>\nto regain levels at which they were trading at the end of July.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Russian assets stall ahead of weekend election; oil supports * Emerging equities head for third straight week or gains * Iran votes in parliament election By Philip Baillie LONDON, March 2 (Reuters) &#8211; Emerging equities rose on Friday, heading for their third consecutive week of gains but Russian assets stalled as jitters grew ahead [&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-8510","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\/8510","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=8510"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}