The Singapore dollar edged higher, with focus on Middle East developments.

Singapore's central bank schedules the release of its monetary policy statement for July 27.

The Singapore Dollar consolidates and is likely to enter a range-trading phase, according to WSJ.

Singapore's economic growth slowed to 5.7% in the second quarter, tempered by Middle East geopolitical tensions that curbed an AI-driven export boost.

Asian currencies consolidated against the dollar in early trade; rising oil prices and U.S. Treasury yields may weigh on risk sentiment.

Oil prices rose about 2% to a five-week high as renewed U.S.-Iran attacks and Houthi threats to blockade Saudi shipping fueled concerns over global energy supplies, with Brent crude climbing above $91 a barrel.

President Trump said he would handle a possible Red Sea blockade if it occurs.

China's foreign ministry stated that the ASEAN cooperation platform is not a platform for maritime-related issues, regarding the second Thomas Shoal incident.

Asian currencies consolidated against the dollar in early trade but may weaken due to escalating Middle East conflict undermining risk appetite, as reported by WSJ.

Iran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.

The Atlanta Fed GDPNow model maintained its forecast for US Q2 2026 real GDP growth at 1.7%.

Asian currencies traded subdued as Middle East tensions offset a softer dollar, with the yen under particular pressure.

Asian currencies consolidate, potentially weighed by risk-off sentiment according to WSJ.

Singapore's non-oil domestic exports rose 20.7% year-on-year in June, missing the 30% consensus and slowing from May's 38.4% increase, as electronics growth remained strong but non-electronics declined.

Singapore's June electronic exports surged 105.1% year-on-year, exceeding the previous 94.8%.

Singapore's June non-oil domestic exports rose 20.7% year-on-year, below the previous 38.4% and the estimated 28.7%.

Philippine Foreign Ministry stated all stakeholders are committed to creating a meaningful Code of Conduct.

China's June exports surged 27% y/y, beating forecasts, on AI demand, while oil prices spiked and gold fell amid geopolitics.

Bloomberg Economics reports that $1.6 billion of Russian diesel, fuel oil and other products have been funneled from Indonesia's Karimun island into major Asian markets.