Emerging-Market Assets Advance With Oil as Investors Await Fed

  • Egyptian stocks rise to eight-month high as protests fade
  • Currencies end three-day decline as real, ruble strenthen

Will FOMC Lay Groundwork for a June Rate Hike?

Emerging markets halted their declines as an advance in oil offset caution before the Federal Reserve’s comments this week on the pace of U.S. interest-rate increases.

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