Investors Await China Rate Decision Amid Uncertainty Over Fed Rate Hikes and Inflation Clarity

Asian markets are expected to be cautious on Monday ahead of China's interest rate decision on Tuesday, with the People's Bank of China likely to cut its one- and five-year loan prime rate lending rates by 10 basis points. Investors will also keep an eye on headlines from U.S. Secretary of State Antony Blinken's visit to Beijing. The broader market tone across Asia could be one of caution, with investors tempted to take some profits from the recent rally.