In Singapore, industrial production is expected to slip 1.8 percent on the month in August after surging 4.1 percent in July for a second straight monthly gain. Output is forecast to post an 11th straight year-over-year drop, down 3.5 percent, after a moderate 0.9 percent dip in July.

Among US data, the Case-Shiller home price index for the adjusted 20-city monthly rate is seen rising 0.6 percent on the month in July versus June's 0.9 percent increase.

The Conference Board's consumer confidence index is expected to hold nearly steady in September, at a consensus 105.9 versus August's much lower-than-expected 106.1. A downturn in the assessment of the jobs market and expectations for higher interest rates were two key factors in August's results.

New home sales rose from 697,000 in June to a 714,000 annual rate in July, with forecasters calling for modest slowing in August back to a 699,000 rate.

Australia's monthly CPI data is expected to show an uptick a 5.2 percent rise on the year in August from a lower-than-expected 4.9 percent increase in July, when inflation eased from 5.4 percent in June. The CPI has cooled in six of the last seven months but it is still well above the Reserve Bank of Australia's target range of 2.0 percent to 3.0 percent.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.