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Feb 17, 2014

Dollar hits six-week lows, Italian bonds rally

LONDON, Feb 17 (Reuters) – The dollar fell to six-week lows
on Monday as recent weak U.S. data cast doubt on the pace of
monetary tightening, while prospects for a new reforming
government in Italy sent its bond yields to their lowest since

World stocks rose to 3-1/2 week highs,
helped by encouraging news on Chinese lending.

Feb 17, 2014

World stocks hit 3-1/2 week high, dollar weak

LONDON (Reuters) – World stocks hit 3-1/2 week highs on Monday, helped by encouraging news on Chinese lending, while the dollar hit six-week lows following recent weak U.S. manufacturing data.

Data at the weekend showed Chinese banks disbursed the highest volume of loans in any month in four years in January, a surge that suggests the world’s second-biggest economy may not be cooling as much as some fear.

Feb 13, 2014

Ukraine debt insurance costs soar, Nigerian assets drop

LONDON, Feb 13 (Reuters) – Growing fears of a default drove
Ukraine’s debt insurance costs to four-year highs on Thursday
and policy concerns pulled Nigerian assets into the emerging
market retreat.

Higher U.S. Treasury yields also weighed on emerging
markets, bringing losses in South Africa’s rand, the
Turkish lira, Russian rouble and Hungarian forint
, some of the worst-hit currencies in the sell-off that
began last month.

Feb 10, 2014

Lira and forint weaken, Ukraine CDS hit 2-mth high

LONDON, Feb 10 (Reuters) – The lira fell half a percent
against the dollar and the forint dropped 1 percent versus the
euro on Monday on concern about monetary policy in Turkey and

The backdrop for emerging assets was generally positive,
however, after weak U.S. jobs data on Friday reduced
expectations that the Federal Reserve might speed up the rate of
tapering of its monetary stimulus.

Feb 6, 2014

Stocks, currencies gain as data raises US economy hopes

RIO DE JANEIRO/LONDON (Reuters) – Emerging markets gained on Thursday after stronger-than-expected U.S. economic data bolstered investor optimism ahead of Friday’s key payroll report, allaying fears of a U.S. economic slowdown that could dampen growth prospects for developing economies.

Stocks rallied more than 2.5 percent in Latin America according a benchmark MSCI index for the region, while currencies such as the Chilean peso and the Turkish lira strengthened over 1 percent.

Feb 5, 2014

Investors cling to frontiers as emerging markets sink

LONDON (Reuters) – As emerging markets tumbled this year, the riskiest country groupings on the fringes have been a haven.

Small markets, local stories and in some cases pegged currencies backed by strong central bank reserves have shielded frontier markets from the worst of the emerging market rout.

Feb 3, 2014

China PMI keeps mood sober; Hungary CDS rise

LONDON, Feb 3 (Reuters) – Weak Chinese manufacturing data
pulled down emerging-market stocks again on Monday, after two
weeks in the red, and the cost of insuring Hungarian debt rose
on worries about the country’s high debt and unorthodox

China’s official Purchasing Managers’ Index (PMI) dipped in
January, showing growth slowing in manufacturing as well as

Feb 3, 2014

China PMI keeps mood glum, Hungary weak

LONDON, Feb 3 (Reuters) – Emerging stocks dipped on Monday,
adding to two loss-making weeks, dragged further down by Chinese

Hungarian assets fell on worries about the country’s high
debt levels. A debt auction last week had to be cut short.

Jan 29, 2014

Turkish rate hike boost fades, focus on S.Africa

LONDON, Jan 29 (Reuters) – The boost to Turkey’s lira from a
round of huge interest rate hikes quickly faded on Wednesday,
while the rand fell as the market focus switched to monetary
policy decisions due later in the day in South Africa and from
the U.S. Federal Reserve.

Turkish debt insurance costs fell and the country’s recent
dollar bond rallied after the central bank jacked up all of its
interest rates late on Tuesday, in a move investors saw as long

Jan 27, 2014

Brazil fighting inflation impact of weaker currency -cenbank head

LONDON, Jan 27 (Reuters) – The Brazilian central bank will
fight the effects that the country’s weakening currency has on
inflation, central bank chief Alexandre Tombini said on Monday,
hinting policymakers are not ready yet to halt the monetary
tightening cycle.

Tombini said in a speech in London that the bank has raised
interest rates to fight inflation and weather changing global
financial conditions. He said the bank’s action to slow
inflation should help ease inflation expectations.

    • About Carolyn

      "I have worked at Reuters for more than 20 years but I switched in Sept 2014 to a new beat - insurance and fund management. I write about things like insurance deals, fund trends, geopolitical risks insured by Lloyd's and I'm grappling with understanding company accounts. In my vanishingly small spare time, I hope to contribute more to Reuters entertainment file."
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