Thailand’s stock index rose to its highest in more than 10 years as banks and energy shares surged on foreign buying. via Bangkok Post

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“People feel confident that elections will be held late this year, or by the latest early next year, and the military government will not try and cling to power”

Thailand’s stocks also climbed to their highest in more than a decade - just a day after the 10th anniversary of the Asian financial crisis that erupted in the country in 1997. via The Jakarta Post

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Mumbai, July 3: Indian equities rose around one percent Tuesday, lifted by banking and telecom stocks as also an overall optimistic mood, resulting in some key indices soaring to historic highs. via Newkerala.com

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Stock futures gained Tuesday ahead of a shortened holiday schedule for U.S. markets, with investors betting a home sales report will show some recovery for the beleaguered sector.

Wall Street looked to extend gains on Monday, the first day of trading for the third quarter. Stocks surged amid a decline in Treasury yields, and a report that showed robust manufacturing in June.

Trading was expected to be subdued during Tuesday’s session, as stock markets are set to close early, at 1 p.m. EDT, ahead of the July 4th holiday. With little corporate news expected, attention is expected to focus on economic reports on May factory orders and pending home sales. Read more

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Mexico’s credit rating outlook was raised to positive from stable by Standard & Poor’s, fueling a surge in the country’s currency, stocks and government bonds. via Bloomberg

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“The purchase of the special bonds from the Ministry of Finance gave the central bank a very good measure to mop up liquidity, which will not add extra costs”

Heavy buying of financial stocks yesterday lifted the mainland stock market to end 0.41 percent higher after it dropped as much as 2.5 percent at mid-afternoon on lingering fears that a special bond issue may … via People’s Daily Online

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