The US Inflation Report gives a boost to emerging market currencies

The origin of emerging markets has been boosted following the issuance of an US inflation report in accordance with expectations, which strengthened the betting that the Federal Reserve could start the lower interest rates on the next month. Most of the currencies of developing countries increased against the US dollar on Tuesday, and the Chilean and South African papers export the profits, in a basket of 23 currencies of emerging market currencies, followed by the Bloomberg index. The emerging inventory index also ended the session by 0.1%. The US consumer price index for July rose 0.2% compared to the previous month, in accordance with estimates. The basic index, which excludes food and energy, rose 0.3% over the previous month, according to the data of the US Labor Statistics Office released Tuesday, which also came within the boundaries of expectations. Alejandro Cuadardo, head of the World Foreign Currency Strategy and Latin America at the Banko Bilbao Vezkaya Argentaria “in New York, said this information” increased the narrative that reduced interest in September, as the transfer of customs duties of the prices of stronger reading. Assets have expanded their profits to reach their highest levels during the session with investors heading the candidate of US President Donald Trump to suspend the monthly job report. lace. The use of “H20” Invidia processors, especially in the purposes associated with the government, which increases the complexity of the company’s efforts to compensate for billions of dollars in the incoming turnover in the Chinese market, as well as the trump administration efforts to convert unchecked to sell the sale of the year. Due to tax increases.