Emerging-market stocks rose to a two- week high as China’s trade data topped estimates and the Federal Reserve signaled the U.S. still needs stimulus. Brazil’s Ibovespa retreated as commodity prices declined.
The Micex Index declined, extending a weekly retreat, as fighting between Ukrainian troops and insurgents overshadowed a cease-fire proposal and German Chancellor Angela Merkel said Russia risked further sanctions.
Emerging-market stocks advanced, pushing the benchmark index to its biggest weekly gain in three, as euro-area leaders sought to persuade investors that measures they’re taking to staunch the region’s sovereign debt crisis will work.
Emerging-market stocks rose, with the benchmark index poised to close at a six-month high, as European finance ministers moved toward a second rescue of Greece and after China cut banks’ reserve requirements.