Core US inflation data showed that potential price pressure remained moderate in July, and emerging market currencies continued to rise. The US dollar weakened after the inflation data was released, and most developing country currencies strengthened, led by the Chilean peso and the South African rand. Stock markets in emerging markets are rising, driven by a sharp rise in Asian chipmakers; AI infrastructure companies are performing well, once again boosting the market's willingness to invest in technology stocks.

Core US inflation data showed that potential price pressure remained moderate in July, and emerging market currencies continued to rise. The US dollar weakened after the inflation data was released, and most developing country currencies strengthened, led by the Chilean peso and the South African rand. Stock markets in emerging markets are rising, driven by a sharp rise in Asian chipmakers; AI infrastructure companies are performing well, once again boosting the market's willingness to invest in technology stocks.