Asian markets settled mostly higher on Monday, despite mixed cues from Wall Street last Friday ahead to the US Federal Reserve's summer conference for signs of whether the US Federal Reserve thinks inflation is under control or more interest rate hikes are needed to cool inflation. Although, Chinese shares declined as yuan tumbled after a smaller-than-expected rate cut from the People’s Bank of China disappointed markets.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,092.98 | -38.97 | -1.26 |
| Hang Seng | 17,623.29 | -327.56 | -1.86 |
| Jakarta Composite | 6,866.03 | 6.12 | 0.09 |
| KLSE Composite | 1,450.57 | 4.48 | 0.31 |
| Nikkei 225 | 31,565.64 | 114.88 | 0.36 |
| Straits Times | 3,154.03 | -19.90 | -0.63 |
| KOSPI Composite | 2,508.80 | 4.30 | 0.17 |
| Taiwan Weighted | 16,381.49 | 0.18 | 0.00 |
