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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":" * Emerging stocks hit 2-mth low after U.S. jobs * Hungary assets down on IMF aid delay fears * Spreading Syria crisis hits Turkish assets * Rand falls 0.5 pct towards 10-week lows By Carolyn Cohn LONDON, April 10 (Reuters) – Emerging stocks dropped to a two-month low on Tuesday and Turkish and Hungarian debt […]<\/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-9798","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\/9798","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=9798"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9798\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}* Emerging stocks hit 2-mth low after U.S. jobs\n * Hungary assets down on IMF aid delay fears\n * Spreading Syria crisis hits Turkish assets\n * Rand falls 0.5 pct towards 10-week lows\n\n By Carolyn Cohn\t\n LONDON, April 10 (Reuters) - Emerging stocks dropped to a\ntwo-month low on Tuesday and Turkish and Hungarian debt\ninsurance costs hit six-week highs as most markets played\ncatch-up following Friday's weak U.S. jobs data, which dented\ndemand for riskier assets.\t\n As investors returned after Easter holidays, emerging\nmarkets sold off on the March slowdown in U.S. job growth to\n120,000, well below expectations and the smallest increase since\nOctober. \t\n Risk appetite was also subdued on expectations that Chinese\nfirst-quarter growth data due at the end of this week will\nsignal the economy grew at its slowest pace in nearly three\nyears, according to a Reuters poll. \t\n \"The price action in risky assets has been negative for the\npast couple of weeks and it continues to appear a little bit\nnegative now,\" said Luis Costa, emerging markets strategist at\nCiti.\t\n \"The Chinese GDP number on Friday is adding to the caution\nhere and then the beginning of the earnings season in the U.S.\"\t\n The MSCI emerging equities index dipped 0.27\npercent to a two-month low and the Thomson Reuters emerging\nEurope index also fell 0.27 percent to a 2-1\/2\nweek low.\t\n Emerging market currencies were generally softer, with the\nrand falling 0.5 percent towards recent 10-week lows,\nthough emerging sovereign debt spreads narrowed by 2\nbasis points to 336 bps over U.S. Treasuries.\t\n The cost of insuring Hungary's debt against default rose 16\nbasis points to six-week highs of 567 bps in the five-year\ncredit default swap market, according to Markit. The country's\nstock market hit its lowest point in nearly three months.\t\n Concern that Hungary will fail to agree an aid deal with the\nInternational Monetary Fund has put pressure on Hungarian assets\nthis year.\t\n The IMF said last week there were no formal negotiations\nwith Hungary yet and a local newspaper said the talks were\nunlikely to begin in April. \t\n Turkish CDS also hit a six-week high, at 243 bps and up 7\nbps from Monday's close, and Turkish stocks hit a\nfour-week low.\t\n Geopolitics are a mounting potential risk for Turkey, after\nSyrian troops shelled villages, fired across frontiers and were\naccused of massacres in the hours before a ceasefire deadline\nthat many doubt can usher in a U.N.-brokered settlement to a\nbrutal conflict. \t\n \"Turkey has again demonstrated its importance in the region,\nwith PM Erdogan standing as a credible mediator between all\nsides,\" said Simon Quijano-Evans, chief EEMEA economist at ING,\nin a client note. \t\n \"This brings risks with it, as seen in yesterday's incidents\nfrom across the border in Syria.\"\t\n Czech stocks fell to six-week lows and the crown\n hit an eight-day low before trimming losses.\t\n Czech Prime Minister Petr Necas has given his junior \t\ncoalition partner until Tuesday to agree budget measures to keep\ncutting the deficit next year or face a government collapse in\nthe worst row in almost two years in power. \t\n\t\n\t\n\t\n\t\n\t\n\t\n (Additional reporting by Clare Kane; Editing by John\nStonestreet)<\/pre>\n