Soothed investor nerves helped Asian shares climb towards a 2016 high today.
It came as strong US growth prospects, as well as the appointment of a new prime minister in Britain, dampened worries about the Brexit vote.
MSCI's broadest index of Asia-Pacific shares outside Japan swelled as much as 0.4 per cent to 427.83 points, just below its year-to-date high of 428.22 hit on 21 April.
Meanwhile, MSCI’s broadest gauge of the world’s stock markets recovered all the losses after Britain’s referendum, to hit its highest level in over a month.
"A while ago, everything looked so uncertain on Brexit. But now the UK looks set to have a new prime minister and negotiations may begin earlier. That is soothing investor sentiment," Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management, told Reuters.
Friday's robust jobs report helped the S&P close at a new record of 2,152.14 points yesterday, while the Nasdaq turned positive for the year.
In Japan, Prime Minister Shinzo Abe ordered a new round of fiscal stimulus spending after an election victory.
The Bank of England is also expected to announce more monetary stimulus tomorrow, with some market mavens expecting a rate cut.
Many believe the European Central Bank is preparing to take a dovish stance at its policy review a week later.