Investing.com - Asian shares were mixed on Monday though Shanghai posted a small gain in the morning as a mixed data set was digested, including better than expected third quarter GDP.
The Nikkei 225 fell 0.56%, while the S&P/ASX 200 gained 0.11% and the Shanghai Composite rose 0.74%.
In China, third quarter GDP rose 1.8%, a tad better than the 1.7% gain seen and at an annual pace of 6.9%, also beating the expected 6.8% rise expected.
Fixed asset investment rose 10.3%, below the gain of 10.8% seen year-on-year in September and industrial output rose 5.7%, well below the expected 6.0% gain year-on-year in September, while retail sales rose 10.9%, above the 10.8% seen in the same period.
The data is closely watched amid fears that a China-led slowdown in global growth could prompt the Fed to delay hiking rates for longer.
Earlier, Bank of Japan Governor Haruhiko Kuroda on Monday said the central bank will make necessary adjustments to its aggressive easing while monitoring risks to growth and inflation.
"The QQE (quantitative and qualitative monetary easing) has been exerting its intended effects," he said to a meeting of bank staff.
He also repeated the BOJ's mantra that it will continue with QQE, aiming to achieve the price stability target of 2%, "as long as it is necessary for maintaining that target in a stable manner."
"The BoJ will continue to monitor both upside and downside risks to growth and inflation, and make adjustments as appropriate," he said.
The BoJ will release its quarterly report on economic conditions in Japan's nine regions at 1400 JST (0500 GMT). In July, one region upgraded its economic assessment from three months earlier while the remaining eight regions maintained their views, with all saying the economy was recovering.
As well in New Zealand, labor costs rose 0.5% as expected in the third quarter.
Last week, U.S. stocks were higher after the close on Friday, as gains in the Consumer Goods, Healthcare and Telecoms sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.43% to hit a new 1-month high, while the S&P 500 index gained 0.46%, and the NASDAQ Composite index added 0.34%.