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Emerging market rout eases as data lifts growth hopes

Mitigation in emerging markets rout rose for a second day on Friday, led by the world stock data show that the global economy is improving, take the edge off on reducing the impact of U.S. monetary stimulus concerns.
Major European stock markets. FTEU3 changed little after the start of the Asian stock markets and currencies hot week saw the end of optimism has wiped out billions of dollars in emerging markets, the second time since June. <EMRG/FRX>
Morgan Stanley Capital International Emerging stock index. MSCIEF manage six meetings in red and the Indian rupee sales after the first yielding currencies against the dollar in the worst decades subside after a week.
U.S. Treasury yields dip from the previous day's two-year high, slightly back to 2.89 percent, a rebound in early European trade, the dollar index. DXY hit a three-week high after steadied. <FRX/>
"I hope the worst (emerging market) may have been in the past, said:" Hans Peterson, head of global asset allocation at SEB Investment Management.
"It does not seem to be repeated in 1997 (Asian financial crisis) situation ...... it seems people are not so keen on very short, so it may twist around a bit."
This week's market turmoil has been more and more evidence that the U.S. Federal Reserve Board is ready to begin to close the faucet, its massive economic stimulus plan, is being boosted by strengthening global data conviction driven.
Germany on Friday confirmed that its economic growth to 0.7% in the second quarter of muscles.
Purchasing managers survey this week has shown better than expected growth in the euro zone, China's manufacturing rebound, U.S. manufacturing activity rose to a five month high.
U.S. Treasury yields tend to set the worldwide benchmark borrowing costs, the recent rise - is expected to continue - making it more difficult to heavily indebted countries and companies to pay their bills.
Singapore's Finance Minister Tharman Shanmugaratnam said on Friday, however, it would not be in anyone's interest is very low global interest rates to continue indefinitely, as this will result in financial imbalances.
"Tapering quantitative easing of U.S. monetary policy tightening, when it finally appears, will not be a bad thing, the region's economy, Tharman said:" The Bank meetings in Singapore.
DOLLAR higher
Dollar hit a near three-week high against the Japanese yen, U.S. bond yields rose after the Tokyo stock market rose business surveys indicate that the global economy is improving support.
In commodities trading, copper prices fell by 0.3% to $ 7299 one ton (1.1023 tons), but supported by the Chinese manufacturing data showed that demand from the world's second largest economy and the top metal consumers can pick up.
Gold fell slightly, to 1,375.44 dollars per ounce, to the small loss of the week. Chinese purchasing managers' index, but forced upbeat global economic data and the Federal Reserve boosted bets tapering precious metals.
Brent crude oil futures prices rose 0.2 percent, to $ 110.06 a barrel. In the Middle East and North Africa, driven by rising political tensions in oil prices this week, even if the port is ready to report some of the Libyan export supply concerns eased.
CMC Markets in Sydney, chief market strategist Michael McCarthy, "We've got a better outlook for global demand, and added:" medium long drive oil prices.



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