Asian markets saw mixed results on Monday, with investors reacting to recent monetary policy decisions from Japan, China, and the US Federal Reserve. China's youth unemployment rate reached a new high this year, while Australia's central bank began its two-day meeting to determine the country's monetary path.
Data last Friday showed China 's youth unemployment rate rose for a second straight month to its highest level this year, according to the National Bureau of Statistics, as the labor market cools down amid a weakening economy.
Singapore is set to release its August consumer prices index, with core CPI estimated to have risen 2.6% year on year, according to a Reuters poll, compared to 2.5% in July. Data last Friday showed China's youth unemployment rate rose for a second straight month to its highest level this year, according to theaccording to a statement on Monday
The Reserve Bank of Australia starts its two-day policy meeting on Monday, where central bankers will decide on the country's monetary policy path on Tuesday.
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