Emerging Stocks Rebound as Growth Outlook Offsets Fed Concern

  • Signs of global trade improving good for developing assets: NN
  • Odds of U.S. interest rate move this year have risen to 59%

Saravelos: Brazil's Real Rallies on Fed Dis-Belief

Emerging-market stocks resumed this month’s advance as the prospect of a stronger U.S. economy helping to boost growth in the developing world offset concern that higher Federal Reserve interest rates will reduce demand for riskier assets.

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