Unloved Assets Join Market Rally in Latest Sign of Optimism [Video]

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Investors are piling into beaten-up assets from commodities to emerging-market stocks, powering a broad rally that reflects a brightening outlook for the global economy.

The British pound is up more than 6% from recent multiyear lows, while a rebound in China’s yuanhas lifted a broad range of currencies. Emerging-market equities have also bounced back …

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