(Updated at 0900 GMT)

*

China consumer, EV stocks down

*

Polish retail sales grow below forecast

*

Polish, Mexican central bank policy meet minutes eyed

By Shubham Batra

Aug 22 (Reuters) - Emerging market stocks regained some

ground on Thursday, while currencies were largely subdued as

investors awaited U.S. Federal Reserve Chair Jerome Powell's

speech at the Jackson Hole symposium on Friday.

MSCI's emerging market equities index edged 0.2%

higher. The symposium of global central bankers starts later in

the day and markets are hoping Powell's speech will offer

further insights into the central bank's interest rate path.

China's Tencent Holdings ( TCTZF ), which has the

second-highest weighting on the index, rose about 1.7%, but

gains were capped by weakness in Chinese consumer and electric

vehicle stocks amid simmering trade tensions.

Most Chinese EV makers fell as Brussels

published its revised tariff plan for China-made EVs,

potentially making the provisional penalties definitive. An

index tracking EVs fell 0.7%.

Indian stocks also added some positivity.

An index of emerging market currencies was

largely flat against the U.S. dollar, which hovered near 2024

lows after minutes of the Fed's last policy meeting signalled a

likely rate cut in September.

"The price action across the EM FX space on the day

indicates that market participants are in a wait-and-see mode

ahead of tomorrow's speech by Chair Powell in Jackson Hole,"

said Piotr Matys, senior FX Analyst at In Touch Capital Markets.

"The key question is whether Powell shifts in the odds in

favour of a 25bps or a 50bps cut at the September meeting. Given

that it will be an excellent opportunity for him to regain

control over the narrative, Powell may push against what the

markets are currently pricing in for the scale of rate cuts over

the next 6-12 months."

The South African rand was down 0.3% against the

greenback, while the lira slipped and was last

quoted at 33.95. Consumer confidence in Turkey rose to 79.6

points in August from 75.9 in July.

In central and eastern Europe, Polish zloty edged

0.1% lower against the euro after domestic retail sales in

constant prices for July grew 4.4% on a yearly basis compared

with expectations of a 5.6% growth.

Investors will also keep a close eye on the Polish central

bank at 1200 GMT, when they publish the minutes from the last

rate-setting meeting.

The Hungarian forint was also down 0.1%.

The Mexican peso was flat against the dollar ahead of

the the minutes of its central bank's latest monetary policy

meeting, due at 1500 GMT.

For TOP NEWS across emerging markets

For CENTRAL EUROPE market report, see

For TURKISH market report, see

For RUSSIAN market report, see