TPP deal, US rally lifts Asian stocks

Asian equities extended gains into a second session on Tuesday following another US rally, while investors also kept an eye on the region's central banks. Markets in China remain closed until Wednesday for National Day holidays. 
On Wall Street, the Nasdaq closed up 1.5 percent while the S&P 500 and Dow both spiked nearly 2 percent, fueled by expectations that the Federal Reserve will refrain from tightening monetary policy this year after last week's poor jobs report. 
The Reserve Bank of Australia (RBA) is due to announce its interest rate decision at 11:30am SIN/HK. No action is expected today, but several analysts are betting on a rate cut before year-end.



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