Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan.
Toru Hanai | Bloomberg | Getty Images
Shares in the Asia-Pacific declined Monday as investors looked ahead to a Fed meeting and U.S. inflation data this week.
In Australia, the S&P/ASX 200 was down 0.79%. Japan’s Nikkei 225‘s fell 0.43% in early trade, while the Topix slid 0.27%.
South Korean benchmark Kospi shed 0.62%, and the Kosdaq dropped 0.51%. The MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.53%.
On Monday, India is scheduled to release inflation and industrial output data.
Later this week stateside, the Federal Reserve is set to begin its two-day meeting on Tuesday. Economists widely expect the U.S. central bank to raise rates by half a percentage point Wednesday.
The latest reading for the U.S. consumer price index is also slated for Tuesday. Analysts polled by Reuters expect the index rose 0.3% in November.
—CNBC’s Patti Domm contributed to this report.
