{"id":9593,"date":"2012-04-03T15:48:21","date_gmt":"2012-04-03T13:48:21","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/emerging-markets-stocks-gain-for-3rd-day-on-us-data-russia-leads\/"},"modified":"2012-04-03T15:48:21","modified_gmt":"2012-04-03T13:48:21","slug":"emerging-markets-stocks-gain-for-3rd-day-on-us-data-russia-leads","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-gain-for-3rd-day-on-us-data-russia-leads\/","title":{"rendered":"EMERGING MARKETS-Stocks gain for 3rd day on US data; Russia leads"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks at 1-week high; Russia jumps 1 pct on oil<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Rouble flat; central bank warns of inflation risks<\/p>\n<p><span><\/span><\/p>\n<p>* Turkish lira, bonds ease as CPI below f&#8217;cast<\/p>\n<p><span><\/span><\/p>\n<p>By Sujata Rao<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, April 3 (Reuters) &#8211; Strong U.S. manufacturing data<br \/>\nenabled emerging equities to gain for the third straight day of<br \/>\ntrade on Tuesday, led by Russia, which also benefited from oil<br \/>\nrising above $125 a barrel.<\/p>\n<p><span><\/span><\/p>\n<p>Manufacturing growth in the world&#8217;s largest economy picked<br \/>\nup faster than expected, data showed on Monday, a day after<br \/>\nChina &#8211; the second-biggest economy &#8211; announced a surprise jump<br \/>\nin its own large factory activity, or Purchasing Managers Index<br \/>\n(PMI).<\/p>\n<p><span><\/span><\/p>\n<p>Emerging equities hit a one-week high, climbing 0.8 percent<br \/>\n as of 0925 GMT. Chinese markets were closed for a<br \/>\nholiday, but Hong Kong stocks rose after leading Chinese<br \/>\ndevelopers reported rising sales in March from the month before.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The Chinese PMIs and the U.S. data has added to the<br \/>\nfeel-good factor for markets. The mood is getting better even<br \/>\nthough there are risks in the background that are preventing a<br \/>\nhuge rally,&#8221; said Societe Generale analyst Gaelle Blanchard,<br \/>\nciting euro zone problems and oil prices as the source of worry.<\/p>\n<p><span><\/span><\/p>\n<p>Equity gains were led by Moscow which rose 1 percent<br \/>\nas oil prices surged above $125 a barrel, taking Russian<br \/>\nyear-to-date gains to 15.6 percent.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks at 1-week high; Russia jumps 1 pct on oil * Rouble flat; central bank warns of inflation risks * Turkish lira, bonds ease as CPI below f&#8217;cast By Sujata Rao LONDON, April 3 (Reuters) &#8211; Strong U.S. manufacturing data enabled emerging equities to gain for the third straight day of trade on Tuesday, [&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-9593","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\/9593","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=9593"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9593\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}