Equities stay supported while US dollar remains under pressure

Global equity markets remain firmly supported as easing US inflation reinforces the view that the Federal Reserve will hold interest rates steady. That policy outlook is helping to maintain a risk-on environment across major stock benchmarks.

Technology and AI-related stocks are once again the leaders of the advance, keeping the broader market biased toward risk. The strength in these sectors is a key driver of the positive sentiment.

Against this backdrop, the US dollar continues to face pressure, reflecting reduced demand for defensive positions as investors favor equities and other risk-sensitive assets.