{"id":9159,"date":"2012-03-21T15:23:01","date_gmt":"2012-03-21T13:23:01","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-flat-lira-bounces-on-c-bank\/"},"modified":"2012-03-21T15:23:01","modified_gmt":"2012-03-21T13:23:01","slug":"emerging-markets-stocks-flat-lira-bounces-on-c-bank","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-flat-lira-bounces-on-c-bank\/","title":{"rendered":"EMERGING MARKETS-Stocks flat, lira bounces on c.bank"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Emerging stocks edge up, debt spreads inch in<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Lira weak; oil, inflation, policy outlook weigh<\/p>\n<p><span><\/span><\/p>\n<p>* Shekel hits 1-mth high, inflation expectations up<\/p>\n<p><span><\/span><\/p>\n<p>By Carolyn Cohn<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 21 (Reuters) &#8211; Emerging assets were broadly<br \/>\nunchanged on Wednesday as investors weighed up the likelihood of<br \/>\nfurther money-printing by the U.S. Federal Reserve, while the<br \/>\nTurkish lira bounced on hawkish comments on monetary policy from<br \/>\nits central bank.<\/p>\n<p><span><\/span><\/p>\n<p>Following the Greek debt exchange earlier this month and<br \/>\nmoves by the European Central Bank which have eased the pressure<br \/>\non banks and struggling governments, market focus has switched<br \/>\nto the United States from the euro zone.<\/p>\n<p><span><\/span><\/p>\n<p>Comments by Fed officials this week and the Fed&#8217;s statement<br \/>\nlast week have encouraged investors in the view that there will<br \/>\nbe no imminent further quantitative easing from the United<br \/>\nStates. This has put pressure on U.S. bond yields and diluted<br \/>\nappetite for carry trade investment in emerging market assets.<\/p>\n<p><span><\/span><\/p>\n<p>But against that is the fact that an improving growth<br \/>\noutlook would be broadly better news for riskier markets, while<br \/>\nFed Chairman Ben Bernanke also held out the possibility of the<br \/>\nU.S. central bank acting again if need be.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The market is assessing the new reality,&#8221; said Guillaume<br \/>\nSalomon, emerging markets strategist at Societe Generale.<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 edge up, debt spreads inch in * Lira weak; oil, inflation, policy outlook weigh * Shekel hits 1-mth high, inflation expectations up By Carolyn Cohn LONDON, March 21 (Reuters) &#8211; Emerging assets were broadly unchanged on Wednesday as investors weighed up the likelihood of further money-printing by the U.S. Federal Reserve, while [&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-9159","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\/9159","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=9159"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}