Punchbowl reports U.S. Senate minority leader Schumer will meet Michigan Democrat El-Sayed on Wednesday local time.

Australia Westpac Leading Index MoM (Aug) -0.04%; prior 0.03%.

Asian currencies were broadly softer in Asian morning trade ahead of the Federal Reserve's policy decision later today. Fed funds futures imply roughly a 92% probability of a 25bp hike — which would be the first increase since 2023 — and markets will focus on Fed Chair Kevin Warsh's press conference and updated economic projections. LSEG data showed USD/JPY up 0.2% at 155.43, USD/KRW up 0.6% at 1370.92, and AUD/USD down 0.1% at 0.7125.