{"id":8648,"date":"2012-03-07T14:59:10","date_gmt":"2012-03-07T12:59:10","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-at-5-wk-low-russia-debt-sale-fails-to-draw-buyers\/"},"modified":"2012-03-07T14:59:10","modified_gmt":"2012-03-07T12:59:10","slug":"emerging-markets-stocks-at-5-wk-low-russia-debt-sale-fails-to-draw-buyers","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-at-5-wk-low-russia-debt-sale-fails-to-draw-buyers\/","title":{"rendered":"EMERGING MARKETS-Stocks at 5-wk low, Russia debt sale fails to draw buyers"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks fall for third day in row on Greece, growth worries<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Russian stocks, rouble fall further; debt sale falters<\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian forint near 5-week low on aid delay fears<\/p>\n<p><span><\/span><\/p>\n<p>By Sujata Rao<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 7 (Reuters) &#8211; Emerging stocks fell for<br \/>\nthe third straight session on Wednesday as tension grew over<br \/>\nGreece&#8217;s debt restructuring, while Russian assets also extended<br \/>\nlosses as a sale of seven-year rouble bonds failed to garner<br \/>\nmuch investor interest.<\/p>\n<p><span><\/span><\/p>\n<p>MSCI&#8217;s benchmark emerging markets index hit a<br \/>\nfive-week low, falling 0.4 percent by 1120 GMT. It has lost more<br \/>\nthan 4 percent already this week, putting it on course for its<br \/>\nbiggest weekly loss since then end of November.<\/p>\n<p><span><\/span><\/p>\n<p>While emerging currencies rose off the multi-week lows hit<br \/>\non Tuesday, the mood remains fragile as investors who have<br \/>\nbenefited from a stellar early 2012 rally are bracing for<br \/>\nturbulence by trimming risk from portfolios.<\/p>\n<p><span><\/span><\/p>\n<p>Greece has threatened to default on bonds that investors do<br \/>\nnot agree to swap by a Thursday evening deadline.<\/p>\n<p><span><\/span><\/p>\n<p>Oil prices above $120 a barrel are also preying on<br \/>\ninvestors&#8217; minds, especially after China cut its 2012 growth<br \/>\nforecast and signs emerged that Western economies may yet fall<br \/>\ninto recession.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks fall for third day in row on Greece, growth worries * Russian stocks, rouble fall further; debt sale falters * Hungarian forint near 5-week low on aid delay fears By Sujata Rao LONDON, March 7 (Reuters) &#8211; Emerging stocks fell for the third straight session on Wednesday as tension grew over Greece&#8217;s debt [&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-8648","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\/8648","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=8648"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}