Trade Tops Emerging-Market Bill With Growth Outlook in Balance

  • U.S. and China start mid-level trade talks in Beijing Monday
  • Developing-nation currencies climb to highest since July
Photographer: Qilai Shen/Bloomberg
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There are few if any stories in emerging markets big enough this week to eclipse the U.S.-China trade meetings in Beijing.

Even Jerome Powell’s speech Thursday in Washington, given added significance following last week’s knock-out payrolls report, will play second fiddle to the negotiations.