Global Stocks Rise With Emerging Currencies, Gold on Fed

``The Fed said yesterday it expects rates to stay low for a "considerable time" after monthly bond purchases end. Policy makers reduced long-term estimates for growth and interest rates, while also cutting purchases by $10 billion. Reports today showed signs of steady progress in the U.S. labor market and improving consumer confidence. Iraqi forces battled insurgents and major oil companies evacuated workers from OPEC's second-biggest producer.''