Asian markets settled mostly higher on Monday as investors awaiting US PCE inflation data and speeches from Federal Reserve officials for fresh insight on the pace and scope of easing. Meanwhile, US Fed Governor Christopher Waller said inflation is falling more quickly than expected, that giving the US central bank space to ease more in the coming months. Chinese shares gained after Chinese central bank lowered a short-term policy rate and pumped more liquidity into the financial system in a bid to boost the Chinese economy. However, Hong Kong shares declined marginally after reports that the US Department of Commerce is preparing to propose a ban on the use of Chinese software and hardware in connected and autonomous vehicles on American roads. Japanese market was closed for observation of the Autumnal Equinox holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,748.92 | 12.11 | 0.44 |
| Hang Seng | 18,247.11 | -11.46 | -0.06 |
| Jakarta Composite | 7,775.73 | 32.73 | 0.42 |
| KLSE Composite | 1,665.30 | -3.52 | -0.21 |
| Nikkei 225 | -- | -- | -- |
| Straits Times | 3,638.54 | 13.78 | 0.38 |
| KOSPI Composite | 2,602.01 | 8.64 | 0.33 |
| Taiwan Weighted | 22,285.53 | 126.11 | 0.57 |
