The all-important U.S. non-farm payrolls report and manufacturing surveys from China are expected to drive investor sentiment this week, while data out of Japan and India will also jockey for trader interest.
Last Friday, U.S. Federal Reserve Chair Janet Yellen upped the chances for a September rate hike and struck a more optimistic note on the economy at a much-anticipated speech at an economic symposium at Jackson Hole, Wyoming.
Following her remarks, Fed vice chair Stanley Fischer told CNBC the August jobs report, due to be released on Friday, would likely weigh on the Fed's decision, along with other data that may come in before the Federal Open Market Committee's two-day meeting beginning September 20.
The U.S. likely added 180,000 jobs in August, according to the median forecast in a Thomson Reuters poll.
Shane Oliver, head of investment strategy and chief economist at AMP Capital, said in a note he expected the unemployment rate at 4.8 percent and wages to climb around 2.6 percent on-year in August.