A flurry of data releases will provide a snapshot of economic health in Asia Pacific, as anticipation builds over the U.S. Federal Reserve's next move.
Measuring China's economic health
Manufacturing surveys in China will be of particular interest, as investors measure the country's success in transitioning manufacturing-oriented to a services economy.
May factory activity data - which look at large enterprises only, and are due Wednesday - will be a key indicator of progress. In April, activity in China's manufacturing sector expanded marginally while the services sector remained strong, according to official data. The manufacturing purchasing managers index (PMI) rose to 50.1, easing from March's 50.2, while the services PMI was at 53.5. A reading above 50 suggests expansion in activity.