"China's Disappointing Rate Decision: Morning Bid Analysis"

China's upcoming interest rate decision is anticipated to disappoint investors hoping for relief for the country's sluggish economy and struggling markets, with the central bank expected to leave benchmark rates unchanged. The Chinese yuan and Japanese yen are both on the defensive against the dollar, while Asian stocks are expected to start the week on a strong note following a rise in global stocks. Other key events in the Asia/Pacific region this week include South Korean GDP, Tokyo inflation, and interest rate decisions in Malaysia.