Central bank meetings and economic data set to impact Asia markets.

Asian markets will focus on central bank meetings this week after ending last week on a high note, with MSCI's gauge of world stock markets hitting its highest point in 13 months. The Federal Reserve is expected to pause its rate-hiking cycle when it issues its policy decision on Wednesday, while the European Central Bank is expected to raise rates by another 25 basis points. Meanwhile, Japan's Nikkei has posted nine straight weekly gains, and China stocks ended higher on Friday, buoyed by the automobile and technology sectors.