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Feb 18, 2014

Stocks dip on China money market drain, Ukraine currency falls

RIO DE JANEIRO/LONDON, Feb 18 (Reuters) – Emerging market
stocks dipped on Tuesday, led by a drop in Chinese shares, while
a fresh outbreak of violence drove Ukraine’s currency towards
five-year lows and weighed on its bond prices.

Chinese stocks fell around 0.8 percent as the
central bank (PBOC) drained 48 billion yuan ($7.92 billion) from
the country’s money market after data at the weekend showed new
loans surged to their highest in four years in January.

Feb 18, 2014

Stocks dip on China central bank action, Ukraine’s hryvnia falls

LONDON (Reuters) – Emerging stocks dipped on Tuesday, led by a drop in Chinese shares, while Ukraine’s currency fell towards five-year lows after a fresh outbreak of violence and a return of importers seeking dollars.

Chinese stocks fell around 1 percent as the central bank (PBOC) drained 48 billion yuan (4.74 billion pounds) from the country’s money market after data at the weekend showed new loans surged to their highest in four years in January.

Feb 18, 2014

Stocks dip on China c.bank action, Ukraine’s hryvnia falls

LONDON, Feb 18 (Reuters) – Emerging stocks dipped on
Tuesday, led by a drop in Chinese shares, while Ukraine’s
currency fell towards five-year lows after a fresh outbreak of
violence and a return of importers seeking dollars.

Chinese stocks fell around 1 percent as
the central bank (PBOC) drained 48 billion yuan ($7.92 billion)
from the country’s money market after data at the weekend showed
new loans surged to their highest in four years in January.

Feb 17, 2014

Dollar hits six-week lows, euro zone periphery in vogue

LONDON, Feb 17 (Reuters) – The dollar hit 6-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 and better euro zone growth boosted the
bloc’s periphery.

World stocks rose to 3-1/2 week highs,
helped by encouraging news on Chinese lending, but volumes were
thin due to a U.S. market holiday.

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
2006.

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
Hungary.

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.

    • About Carolyn

      "I work in London as part of the Reuters investment strategy editorial team, specialising in emerging and frontier markets. I cover emerging bond, stock and FX markets as well as global market themes, and interview emerging market policy-makers when they attend events in London. I started at Reuters in 1993, writing about foreign exchange, government bonds and Eurobonds before switching to emerging markets."
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