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\t\t<\/span><\/p>\n <\/span><\/p>\n \n \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":" * Stocks rise 0.3 percent; Russia gains 0.6 pct on oil * Most E.Europe PMIs flat; currency gains fizzle out * Turkey assets flat as GDP data signals soft landing LONDON, April 2 (Reuters) – Emerging shares rose on Monday, underpinned by strong Chinese factory data, though a strong early rally fizzled after equivalent numbers […]<\/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-9564","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\/9564","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=9564"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9564\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}* Stocks rise 0.3 percent; Russia gains 0.6 pct on oil\n * Most E.Europe PMIs flat; currency gains fizzle out\n * Turkey assets flat as GDP data signals soft landing\n\n LONDON, April 2 (Reuters) - Emerging shares rose on Monday,\nunderpinned by strong Chinese factory data, though a strong\nearly rally fizzled after equivalent numbers in the euro zone\npainted a dismal picture.\t\n Russian stocks led gains, boosted by a buoyant oil price.\t\n The MSCI emerging stocks index, which chalked up\nits best first quarter since 1992, rose 0.3 percent,\noutperforming global indices after factory activity and exports\nacross Asia strengthened in March. \t\n China's Purchasing Managers' Index (PMI) hit an 11-month\nhigh last month, easing fears of a sharp slowdown in the world's\nNo. 2 economy and boosting prices for growth-sensitive oil and\ncopper. .\t\n The oil gains helped Moscow's stock market rise 1.2\npercent at one point but the gains soon fizzled and by 0930 GMT\nthe index was up around 0.6 percent. Stocks gains in Poland and\nHungary also faded after rising half a percent . \t\n Sentiment was dampened somewhat by signs China's economy\nlikely experienced its weakest quarter since 2009 while PMI data\nfrom the euro zone manufacturing slowed there for the eighth\nmonth in a row, with Germany seeing a downturn for the first\ntime since December.\t\n In emerging Europe, with the exception of Hungary, where\nmanufacturing unexpectedly picked up, regional PMIs in Poland,\nRussia and Turkey were essentially flat, hovering just over the\n50 mark that marks the balance between expansion and contraction\t\n \"On balance, today's data underlines the story that we are\nmoving away from the dire scenarios towards stabilisation and an\neventual pick-up and that should remain the main message for the\nnext 6 months,\" said Simon Quijano-Evans, chief EEMEA economist\nat ING Bank in London.\t\n \t\n CURRENCIES PRESSURED\t\n The PMI figures took their toll on emerging currencies, with\nthe Polish zloty trimming almost half a percent gains versus the\neuro. The forint jumped almost half a percent\n after unexpectedly strong Hungarian manufacturing\nsentiment but later traded flat to the euro.\t\n \"The biggest challenge for these currencies will be the low\nlevels of euro\/dollar volatility and general expectation for the\ndollar to rise versus the euro which is creating a difficult\nenvironment for these currencies,\" Quijano-Evans said.\t\n Investors in the region will focus on a Polish central bank\nmeeting this week which will almost certainly leave rates on\nhold. Some analysts said however the stagnant PMI could force\nthe central bank to revisit its hawkish stance.\t\n BNP Paribas said the weak Polish number was likely driven by\nanaemic domestic demand.\t\n \"This may imply that the stark outperformance of Polish GDP\ngrowth will be gradually fading over the course of the year, in\nline with softer consumption and investment growth,\" the bank's\ncentral and eastern Europe economist Michal Dybula wrote.\t\n \"Given the slowdown in growth, tightening of monetary policy\nshould not be needed.\"\t\n Turkish stocks and the lira were little changed after\ndata showed the economy slowed in the last quarter of 2011 and\nappeared on track for a soft landing. \t\n\t\n (Editing by John Stonestreet)<\/pre>\n