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Asian equities are up slightly as investors wait for the central bank's move – the Asian market last



Hong Kong's Hang Seng Index ( HSI ) rose 0.1%. China Shanghai Composite Index ( SHCOMP ) rose 0.4%. Japan's Nikkei ( N225 ) increased by 0.4%. South Korea Kospi ( KOSPI ) increased by 0.7%.
Monday was the first trading day for the region since the Chinese People's Bank announced it on Friday. The amount of ATMs needs to be kept in reserve, which could mean 900 billion yuan ($ 126 billion) in long-term lending. The central bank has indicated that it could take further steps to boost the economy.

China's economy continues to show signs of weakness. According to data released over the weekend, exports fell unexpectedly 1

% last month. Analysts surveyed by Reuters expected these numbers to rise.

Exports to the US fell 16% in August from the previous year. The country was involved in a trade war with the United States.

Elsewhere in the region, Japan showed that the economy grew slower than expected in the second quarter. The country revised its GDP growth for the quarter to 1.3% from the originally estimated 1.8%, according to the Cabinet.
Japan's central bank meets next week. Japanese interest rates are already very low and investors are curious as to whether the central bank will further relax its monetary policy in the future.

"Traders … rely on the pillars of monetary policy," wrote Stephen Innes, a market strategist for the Asia-Pacific region at AxiTrader, in a report on Monday. He added that central bankers' expectations are high for taking steps to support their economies.

Investors are also eagerly awaiting the European Central Bank's political decision on Thursday, Innes wrote.

Meanwhile, the Federal Reserve is holding its September meeting next week. Chairman Jerome Powell reiterated Friday's pledge to do whatever it takes to sustain the growth of the US economy – comments that are generally seen as a signal that policymakers could cut interest rates again by $ 3.5 billion in August, an unexpected jump. Analysts surveyed by Reuters predicted a decline in this amount.

The Global Times, a state-run Chinese media agency, said on Sunday that it could "give the country more leeway" in its ongoing trade war with the United States.

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