EMERGING MARKETS-Stocks fall, FX muted as central bank-heavy week…

China moves to support yuan – sources * IMF to discuss Egypt’s $3 bln loan program * Poland wage growth, retail sales below forecasts in Dec * EM stocks down 0.6%, FX flat By Amruta Khandekar Jan 22 (Reuters) – Emerging market stocks were dragged lower on Monday by concerns about China’s shaky economic recovery while currencies were subdued at the start of a week brimming with interest rate decisions from regional and major central banks. MSCI’s index for emerging market equities fell 0.6% by 0932 GMT following two straight days of gains. A measure of regional currencies was steady as the dollar struggled to hold on to recent gains. After fading optimism around the likelihood of early U.S. interest…

Source: Daily Mail Online
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