Singapore hits record high: Straits Times Index rose 0.6% past 4,005, driven by real estate; MAS policies and NTT’s $1 bn REIT IPO add momentum.
Malaysia equities strong: Hit over one-month highs, while other regional markets traded cautiously ahead of the July 9 US trade deadline.
Currencies mixed: Ringgit and rupiah fell; Taiwan dollar gained 0.6%. Dollar stayed firm against Asia FX as Powell maintained wait-and-watch stance.
Eyes on US jobs data: Investors await Thursday’s non-farm payrolls for Fed rate cues amid soft macro signs and rising fiscal concerns.
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