Emerging Markets Extend Losses as Brexit Fallout Outweighs Fed

Updated on
  • Freeze on U.K. real estate funds spurs risk-off sentiment
  • Fed minutes show officials are uncertain about U.S. economy

How Brexit Will Impact Free Trade Deals, Emerging Markets

Emerging-market stocks fell for a second day and currencies had the longest streak of losses in three weeks as concern the Brexit contagion is spreading outweighs the Federal Reserve’s cautious stance on raising interest rates.

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