Emerging Assets Rise as Global Rate Outlook Fuels Risk Demand

Updated on
  • JPMorgan ‘a little more positive’ amid improving fundamentals
  • Won, rand lead exchange rates higher against the dollar

Looking to Hang Seng as an S&P 500 Alternative

Developing-nation stocks and currencies rose for the first time in three days as traders weighed the odds that central banks including the Federal Reserve will keep interest rates lower for longer, supporting demand for higher-yielding assets in emerging markets.

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