• Stocks in Asia are set for a cautious open after mild moves on Wall Street in the run-up to the last Federal Reserve decision of the year, with underwhelming inflation data reinforcing speculation policymakers will be in no rush to claim victory just yet.
• Futures for Japan’s equity benchmark pointed higher, while those for Hong Kong and Australia were little changed.
• Markets are continuing to bet Fed officials will be on hold Wednesday, but the latest economic figures bring into question the aggressive pricing of a dovish pivot.