Emerging Stocks, Currencies Rally as Traders Push Out Fed Bets

  • IMF lowers 2015 global economic growth forecast to 3.1%
  • Brent Crude trades above $51 a barrel, highest since late Aug.

Easing Concern of Derailed Global Growth

Emerging-market stocks gained for a fifth day and currencies rose to the strongest level against the dollar in five weeks as traders bet the Federal Reserve will further delay increasing U.S. interest rates amid signs that global growth is faltering.

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