Emerging-Market Assets Retreat as Global Stimulus Optimism Fades

  • Equities decline most in four weeks; lira leads currency drop
  • Ruble strengthens for second day as crude prices rebound

Turkish Lira Tumbles on Inflation Data

Emerging-market stocks fell the most in four weeks and currencies weakened amid deepening concern that central bank stimulus from Japan to Europe and the U.S. won’t be enough to support global growth.

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