The dollar edged higher against major peers as traders braced for a hawkish 25-bps rat cut from the Fed on Wednesday. Gold and oil prices were marginally higher in Asian trade.
China's Shanghai Composite index fell 0.73 percent to 3,361.48 after a choppy session despite Premier Li Qiang urging government officials to swiftly carry out key economic tasks for the coming year. Hong Kong's Hang Seng index slipped 0.48 percent to 19,700.48.
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