"We will see what Yellen has to say at the press conference regarding the balance sheet, regarding rates, regarding Fischer's resignation and her term, and see how the market takes it", Justin Lederer, an interest rate strategist at Cantor Fitzgerald in NY, said, referring to the news conference Yellen is scheduled to hold following the Fed meeting. The Federal Open Market Committee wraps up a two-day meeting Wednesday, but a rate hike is not expected. The Bank of Japan also meets this week but unlike the Fed is expected to signal it will keep its stimulus at full thrust.
In line with that, 75% of respondents said the Fed wouldn't change its post-meeting statement to reflect growing concerns over inflation, up from 67% in a July survey. South Korean shares .KS11 dipped 0.1 percent, against a backdrop of caution ahead of the Fed meeting as well as continuing tensions on the Korean peninsula.
President Trump speaks in front of the United Nations in New York Tuesday. The central bank is expected to hold rates steady for now while signaling its intent to raise rates once more before the end of the year.
The dollar index, which tracks the greenback against a basket of six major rivals, inched 0.2 percent lower to 91.928 .DXY .
In Asia on Monday Hong Kong rose one percent, Shanghai 0.5 percent higher and Sydney rallying 0.6 percent. "The balance sheet is going to go to $10 trillion".
Watch Sam Smith's Emotional Video for 'Too Good at Goodbyes'
It is everything we had hoped it would be and so much more, and if you haven't watched it yet then you are really missing out. The mood on the internet following this insane romantic/crazy heartbreaking music video is "END MEEEEEE".
United Kingdom police consider individual manslaughter charges over Grenfell fire
One case involves a "significant amount of money" going missing from one flat. They feared as many as 150 people had died in the tragedy.
Taco Bell is opening restaurants with boozy treats, no drive-thru windows
The hipper vibe and smaller scale of these cantinas highlight another point, that the chain "isn't afraid to try new things". On the menu will be beer, sangria and Twisted Freezes - slushies with tequila, rum or vodka.
The Nikkei's 2 percent jump overnight took its gain to nearly 30 percent since Abe took power in late 2012.
In the US bond market, yields rose slightly.
The yield on the benchmark U.S. Treasury 10-year note recently traded at to 2.232%, according to Tradeweb, from 2.230% Monday.
In energy markets, oil prices retreated from near-five-month highs ahead of this week's meeting between key oil producers on the outlook for further supply cuts. US crude fell 0.2 percent to $49.81 per barrel and Brent was last at $55.11, down 0.25 percent on the day.
USA crude CLcv1 fell 43 cents to settle at $49.48 a barrel, while Brent LCOcv1 declined 34 cents to settle at $55.14.