Markets in Asia were mixed on Monday as traders watched for signals from central bankers’ speeches.
The S&P/ASX 200 declined 0.4 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.
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