{
  "id": 730790,
  "title": "Asian stocks rise on soft US CPI, AI earnings rally",
  "url": "https://urgent.news/2026/08/13/asian-stocks-rise-on-soft-us-cpi-ai-earnings-rally",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-13T03:51:47.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/asian-stocks-rise-on-soft-us-cpi-ai-earnings-rally-202608130351"
  },
  "original_language": "en",
  "account": "Asian markets are currently on an upward trajectory, driven by a combination of softer US inflation data and strong earnings from major technology companies. The US headline Consumer Price Index (CPI) rose 3.4% year-over-year in July, compared to the previous month's 3.5% increase. Core CPI, which excludes volatile food and energy prices, also rose 2.5% year-over-year, matching analysts' expectations. This softer inflation data has bolstered investor confidence in the Federal Reserve (Fed) adopting a more accommodative monetary policy, with the odds of a September rate hike now at approximately 40.1%, down from 60% the previous day. The positive sentiment has spilled over to Asian markets, with Japan's Nikkei 225 Index up 1.63% to exceed 68,600, and South Korea's KOSPI surging nearly 4.22% to surpass 6,850. This rally is being fueled by strong performances from key companies in the semiconductor sector, such as Samsung Electronics and SK Hynix, which have gained over 5% and 9%, respectively, as renewed optimism about AI-related demand in the sector takes hold. While Greater China markets have joined the rally, their momentum varies, with the Shanghai Composite up 0.40% and the Shenzhen Component climbing 0.73%. Hong Kong's Hang Seng Index, however, remains relatively flat, trading around 25,450. Investors are closely monitoring geopolitical risks, as well as developments in China's AI sector and the second-quarter earnings of tech giants like Tencent. Asia accounts for roughly 70% of global economic growth and is home to several major stock market indices, including Japan's Nikkei and South Korea's Kospi. Additionally, emerging economies like India, with their own key indices such as the Sensex and Nifty, are attracting increasing investor interest. The strength of Asian stock markets is largely driven by the performance of companies in their respective sectors, with technology dominating in Japan, South Korea, and China, financial services leading in Hong Kong and Singapore, and manufacturing being a significant force in China and Japan. Factors such as technological progress, political stability, and the rule of law also play a crucial role in shaping the performance of these markets.",
  "summary": "Asian stocks mostly remain stronger, bolstered by softer US inflation data that reinforced expectations for a more accommodative Federal Reserve (Fed) policy. US headline CPI rose 3.4% year-over-year in July, down slightly from 3.5% in the previous month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Equities: AI rally and CPI relief lift US stocks – Deutsche Bank",
        "url": "https://urgent.news/2026/08/13/equities-ai-rally-and-cpi-relief-lift-us-stocks-deutsche-bank",
        "published": "2026-08-13T06:57:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}