{"id":9365,"date":"2012-03-27T15:35:31","date_gmt":"2012-03-27T13:35:31","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-rise-on-bernanke-investors-eye-hungary-turkey-rates\/"},"modified":"2012-03-27T15:35:31","modified_gmt":"2012-03-27T13:35:31","slug":"emerging-markets-stocks-rise-on-bernanke-investors-eye-hungary-turkey-rates","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-rise-on-bernanke-investors-eye-hungary-turkey-rates\/","title":{"rendered":"EMERGING MARKETS-Stocks rise on Bernanke, investors eye Hungary, Turkey rates"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Emerging stocks hit one-week high on U.S. comments<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Turkish stocks hit 8-mth highs ahead of rate meeting<\/p>\n<p><span><\/span><\/p>\n<p>* Russia&#8217;s Eurobond issue could be $5-7 bln<\/p>\n<p><span><\/span><\/p>\n<p>By Philip Baillie<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 27 (Reuters) &#8211; Emerging stocks rose to a<br \/>\none-week high on Tuesday, lifted with global equities after<br \/>\nFederal Reserve chairman Ben Bernanke defended the U.S. central<br \/>\nbank&#8217;s loose monetary policy, with investors eyeing interest<br \/>\nrate decisions in Hungary and Turkey.<\/p>\n<p><span><\/span><\/p>\n<p>World stocks hit a 2012 high and other risky assets climbed<br \/>\nfollowing Bernanke&#8217;s comments that interest rates needed to stay<br \/>\nlow to stimulate growth and combat unemployment in the world&#8217;s<br \/>\nlargest economy.<\/p>\n<p><span><\/span><\/p>\n<p>Stronger data from Germany released on Monday also<br \/>\nemboldened investors, making riskier emerging markets more<br \/>\nattractive, with MSCI&#8217;s benchmark emerging equities index<br \/>\n gaining 1.24 percent.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The markets have been quite boosted by Bernanke and the Ifo<br \/>\nwas not too bad yesterday but we are still in ranges &#8230; there<br \/>\nis a little bit of improvement from last week but nothing very<br \/>\nstrong,&#8221; said Gaelle Blanchard, emerging markets strategist at<br \/>\nSocGen.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We are still in the range and it&#8217;s the end of the quarter,<br \/>\nI am not sure we are going to go out of the range. The market is<br \/>\nalso waiting for official Chinese PMI data on Sunday, it&#8217;s being<br \/>\nvery data-sensitive.&#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 hit one-week high on U.S. comments * Turkish stocks hit 8-mth highs ahead of rate meeting * Russia&#8217;s Eurobond issue could be $5-7 bln By Philip Baillie LONDON, March 27 (Reuters) &#8211; Emerging stocks rose to a one-week high on Tuesday, lifted with global equities after Federal Reserve chairman Ben Bernanke defended [&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-9365","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\/9365","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=9365"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9365\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}