After Friday’s CPI release, markets increased bets on a Fed rate rise next week. The U.S. Bureau of Labor Statistics said core CPI rose 0.3% MoM in August, above economists’ 0.2% forecast. Market pricing now assigns roughly an 85% probability of a 25bp hike at the Sep. 15-16 Fed meeting, versus about 70% before the data.

South Korea's President Lee will host a Central Asia summit on Sept. 16.

US August headline CPI rose 0.4% MoM, matching expectations and marking the largest monthly increase since May; YoY inflation was 3.5%, also in line and unchanged from July. Core services inflation accelerated, but a rebound in crude oil and refined-product prices drove a pronounced rise in the CPI energy subindex. The move mirrors yesterday's PPI print, where higher fuel costs pushed wholesale inflation higher.