Emerging-Markets Rise on Fed as Ruble, Ringgit Gains With Oil

Updated on
  • Energy producers lead MSCI index advance for second day
  • Societe Generale forecasts rally in oil-linked currencies

Is It Time to Get Back into Emerging Markets?

Emerging-market stocks rose to a two-week high and currencies gained as oil jumped to above $34 a barrel and bets that the Federal Reserve will refrain from raising interest rates anytime soon boosted risk appetite.

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