China is due to release its loan prime rate. A Reuters poll found that it is expected to keep its benchmark lending rate steady for the third straight month.
Futures tipped a higher open for Japanese stocks on Monday, with Nikkei futures traded in Chicago at 22,745 compared to the Nikkei 225's last close at 22,696.42.
Over in Hong Kong, markets will be watched for reaction as the city tightened restrictions again after reported cases surged to more than 100 in 24 hours over the weekend.
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