(Updated at 0840 GMT)

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Rouble weakens past 92 per dollar

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Fitch downgrades Israel's credit rating

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MSCI reclassifies Kenya indexes

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MSCI EM stocks, FX indexes both up 0.06%

By Lisa Pauline Mattackal

Aug 13 (Reuters) - Emerging market stocks were little

changed on Tuesday as investors awaited key data this week for

clues on the health of the world's largest economies, while the

rouble continued to weaken as Russia's fighting with Ukraine

intensified.

The rouble slid past 92 per dollar for the first time

in three months as Ukraine continued its biggest attack on

Russian territory since the war began.

The rouble has lost nearly 9% against the dollar, and around

9.5% against the euro, since Ukraine's Aug. 6

incursion, according to LSEG data.

Meanwhile, focus is on inflation data from the United

States, due Wednesday, for further signals on whether a

larger-than-usual interest rate cut, a likely boon for emerging

market assets, could be on the table at the Federal Reserve's

September meeting.

MSCI's index of emerging market stocks and the

broader EM currency index were little changed.

U.S. producer price data is also due later on Tuesday.

Chinese industrial output and retail sales data later in the

week will be closely watched for clues on demand growth and the

likelihood of government stimulus.

"Receding U.S. demand will deprive the world economy of its

main support, while Chinese demand is unlikely to fill the void

given lacklustre economic conditions and relatively timid

stimulus, BCA Research said, noting that emerging market

equities would be particularly vulnerable.

Further on the geopolitical front, Fitch downgraded Israel's

credit rating to "A" from "A-plus" on Monday, citing worsening

geopolitical risk while keeping the rating outlook negative.

Israeli assets had come under pressure on Monday prior to

the announcement, with stocks falling, the shekel

weakening 1.5% against the dollar and an index of

government bonds down nearly 0.5%.

Israeli stock markets were closed for a holiday on Tuesday,

but the shekel was slightly stronger against the dollar.

In Europe, the Hungarian forint led regional

currency gains against the euro. The euro weakened 0.3% against

the forint, and 0.2% versus the Polish zloty.

Among equities, Poland's main stock index edged up

0.1% after its best day since November. Shares of Alior Bank

rose 6.7% after its addition to MSCI's Poland Global

Standard Index.

South Africa's rand strengthened 0.3% against the

dollar ahead of employment and mining data. The rand has risen

for the past five sessions.

MSCI added that its Kenya indexes would be reclassified into

a "very low liquidity" market category.

HIGHLIGHTS:

** EXPLAINER-What is the Chinese yuan carry trade and how is

it different from the yen's?

** Philippines central bank sees room to keep rates

unchanged, governor says

** India's weight on key MSCI equity index rises to record

high; $3 bln inflows likely

For TOP NEWS across emerging markets

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For TURKISH market report, see

For RUSSIAN market report, see