Philippine peso rose to 60.948 per US dollar, its strongest level since June 24.

China Real Estate Index System (China Index Academy) says July average new-home price across 100 cities was 17,229 yuan/sqm, up 0.26% MoM and 2.09% YoY. New supply of higher-quality projects in Shanghai, Shenzhen, Hangzhou, Chengdu and Hefei drove a structural MoM gain in core cities, while the broader market still shows contracting supply and divergent demand. By cohort, tier-1 new-home prices rose 0.63% MoM (5.40% YoY), tier-2 rose 0.14% MoM (1.85% YoY), and tier-3/4 fell 0.07% MoM (-2.41% YoY). Thirty cities: 27 posted MoM gains, 64 declined, 9 unchanged.

Marubeni's CFO said the impact of the Middle East conflict on earnings so far has been smaller than initially expected.