Overnight

It could be a big week ahead as investors wait on the actions of the Bank of Japan and the Federal Reserve Bank to decide what they are going to do. Both banks are set to hold their meeting September 20.The BOJ is closed Monday for a holiday, but the other regional markets pushed slightly higher with the Korean Kospi edging up 0.5% and the Hong Kong Hang Seng moving up 0.6% in mid-morning trade.

The Taiwan Taiex index sprung up 2.4% mostly on stocks that make Apple components for the iPhone 7 leading the charge. The Shanghai Composite index rallied 0.5% and the Shenzhen Composite moves up 0.87%.  One down market was the Australian ASX 200, off 0.35% Given all the uncertainty lately it is expected the BOJ will do something to underpin its current  monetary policy, whether that will be to take interest rates even further into negative territory remains to be seen, another factor that keeps investors nervous for now.

As once news agency reported: In the currency market, the dollar traded at 95.889 against a basket of currencies on Monday at 10:47 a.m. HK/SIN, a touch lower than an earlier session high of 96.055. The greenback had climbed from levels near 95.344 reached on Friday afternoon Asia time on the back of a higher consumer price index in August stateside.

Among the major currency pairs, the Japanese yen traded at 102.06 versus the greenback, compared to levels below 102.00 touched on Friday. The Australian dollar traded at $0.7532, compared to its last close at $0.7488. 

Oil prices climbed on Monday, with U.S. crude futures up 1.91 percent at $43.85 while Brent was up 1.75 percent to $46.57 a barrel
 
For more on the U.S. dollar and how further strength in the currency might affect Fed policy.

reuters.com/article/us-global-forex.