Markets in Asia were mixed on Monday as traders watched for signals from Central bankers’ speeches.

The Nikkei 225 rose 0.41 percent, while South Korea’s benchmark Kospi index reversed earlier losses to trade 0.08 percent higher.

The S&P/ASX 200 declined 0.4 percent.

Greater China markets were mixed. Hong Kong’s Hang Seng Index edged higher by 0.08 percent. The Shanghai Composite traded lower by 0.07 percent and the Shenzhen Composite added 0.073 percent.

Markets in Indonesia were closed for a public holiday.

The markets were keeping an eye on potential developments in Central Bank rhetoric, with the European Central Bank Forum currently taking place in Portugal and Federal Reserve Chair Janet Yellen due to speak in London on Tuesday.

“Despite the plethora of central bankers on tap, it’s unlikely there will be any revelations on monetary policy forthcoming. And given the proximity to the recent Federal Open Market Committee (meeting), there will certainly be no backpedalling from Dr Yellen,” OANDA Senior trader Stephen Innes said in a Tuesday note.

CNBC