Australia's central bank kept interest rates unchanged, as expected, although it said inflation remained high and was falling more slowly than expected.
Large capital flows from mainland China into the Hong Kong stock market have put downward pressure on the yuan. Although the Hang Seng was set to snap its 10-day winning streak on Tuesday with a moderate decline, it is almost 15% above last month's lows.
The MSCI Asia ex-Japan index hit a 15-month high.
Factory orders in Germany are a major highlight of the economic calendar, along with retail sales figures in Europe.
Chicago corn...
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