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Bank of Japan's Governor Haruhiko Kuroda said bond buying has started to exert effects and monetary easing does not necessarily lead to cross-border capital outflows.

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Singapore will on Monday release July figures for industrial production, setting the pace for a light day in Asia-Pacific economic activity.

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New Zealand recorded a larger-than-expected trade deficit in July, which was also the widest for the month since 2008, amid higher imports and a fall in crude and dairy exports, the latest figures from Statistics New Zealand showed Monday. The trade balance moved to a deficit of NZ$774 million in July from a surplus of NZ$374 million in June. Economists had forecast a deficit of NZ$16 million.

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Albania's trade deficit for the month of July narrowed from last year, data released by the statistical office INSTAT showed Monday.

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New orders for U.S. manufactured durable goods fell by much more than expected in the month of July, according to a report released by the Commerce Department on Monday.The report said durable goods orders tumbled by 7.3 percent in July following a 3.9 percent increase in June. Economists had expected orders to fall by about 4.0 percent.

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Hong Kong is on Tuesday scheduled to release July figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

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Consumer confidence in the U.S. unexpectedly saw a modest improvement in the month of August, according to a report released by the Conference Board on Tuesday, with the increase reflecting improving short-term expectations. The Conference Board said its consumer confidence index edged up to 81.5 in August from an upwardly revised 81.0 in July.

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Consumer confidence in the U.S. unexpectedly saw a modest improvement in the month of August, according to a report released by the Conference Board on Tuesday, with the increase reflecting improving short-term expectations.

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Australia will on Wednesday release Q2 figures for construction work completed, highlighting a light day for Asia-Pacific economic activity.

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Sentiment among German consumers is set to ease marginally heading into September after reaching a six year-high in August, with households expecting the economic recovery to be sluggish in the coming months, a survey by market research group GfK revealed Wednesday. The forward-looking consumer confidence indicator for September slipped to 6.9 from a six year high of 7 in August.

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