Asian markets settled mostly higher on Tuesday ahead of US labor market data due this week that could offer more clarity on the pace of US interest rate cuts. Market sentiments improved further by tracking Wall Street gains overnight as markets react to remarks by US Fed Chair Jerome Powell, who suggested the Federal Reserve will continue to lower interest rates but stressed the downward path for interest rates is not on a preset course. Japanese shares gained on a weakening yen as the BoJ Summary of Opinions indicated no immediate plans for further rate hikes and a key survey showed that big manufacturer sentiment held steady in the third quarter. Meanwhile, Hong Kong, Chinese and South Korean share markets were closed for holidays.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | -- | -- | -- |
| Hang Seng | -- | -- | -- |
| Jakarta Composite | 7,642.13 | 114.20 | 1.49 |
| KLSE Composite | 1,656.39 | 7.48 | 0.45 |
| Nikkei 225 | 38,651.97 | 732.42 | 1.89 |
| Straits Times | 3,580.96 | -4.33 | -0.12 |
| KOSPI Composite | -- | -- | -- |
| Taiwan Weighted | 22,390.39 | 165.85 | 0.74 |
