{"id":9233,"date":"2012-03-23T15:25:24","date_gmt":"2012-03-23T13:25:24","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-at-2-wk-low-turkish-lira-yields-jump\/"},"modified":"2012-03-23T15:25:24","modified_gmt":"2012-03-23T13:25:24","slug":"emerging-markets-stocks-at-2-wk-low-turkish-lira-yields-jump","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-at-2-wk-low-turkish-lira-yields-jump\/","title":{"rendered":"EMERGING MARKETS-Stocks at 2-wk low; Turkish lira, yields jump"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks head for worst weekly fall since mid-December<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Turkish lira rises, bond yields at end-Jan highs on c.bank<\/p>\n<p><span><\/span><\/p>\n<p>* Hungary mulls Eurobond before IMF deal<\/p>\n<p><span><\/span><\/p>\n<p>By Philip Baillie<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 23 (Reuters) &#8211; Emerging stocks hit two-week<br \/>\nlows on Friday, extending a six-session slide caused by weaker<br \/>\neconomic data in China and rising U.S. bond yields while Turkish<br \/>\nmonetary tightening boosted the lira and local debt yields.<\/p>\n<p><span><\/span><\/p>\n<p>MSCI&#8217;s emerging equities index hovered around<br \/>\nflat by 1120 GMT, headed for its biggest one-week loss since<br \/>\nmid-December.<\/p>\n<p><span><\/span><\/p>\n<p>Markets have stepped back from a relief rally in the first<br \/>\ntwo months of the year, spurred by weaker manufacturing data<br \/>\nfrom China on Thursday, which dented investors&#8217; optimism over<br \/>\ngrowth. The worries were compounded by weaker manufacturing data<br \/>\nfrom Germany, key for growth in emerging Europe.<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The  Chinese theme will be with us for a long time there is<br \/>\nclearly a slowdown though I would classify that more as a soft<br \/>\nlanding,&#8221; said Luis Costa head of CEEMEA currency and debt<br \/>\nstrategy at Citi. &#8220;It&#8217;s a moment to be net positive but not as<br \/>\nlong risk as in February when things looked more clear.&#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 head for worst weekly fall since mid-December * Turkish lira rises, bond yields at end-Jan highs on c.bank * Hungary mulls Eurobond before IMF deal By Philip Baillie LONDON, March 23 (Reuters) &#8211; Emerging stocks hit two-week lows on Friday, extending a six-session slide caused by weaker economic data in China and rising [&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-9233","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\/9233","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=9233"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9233\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}