Asia markets set for mixed open as central banks take center stage this week

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Asia markets set for mixed open as central banks take center stage this week
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The U.S. Federal Reserve will start its March FOMC meeting on Tuesday, while the BOJ and RBA will also be holding monetary policy meetings this week.

Asia-Pacific markets were set for a mixed open Monday as investors brace for a week of central bank meetings.

In Asia, the Reserve Bank of Australia is expected to keep its cash rate steady at 4.35% when it concludes its meeting on Tuesday.In contrast, a Reuters poll expects the Bank of Japan to exit its negative interest rate policy and lift its benchmark rate to 0% from -0.1% when it makes its announcement on Tuesday.is set to rise, with the futures contract in Chicago at 38,870 and their counterpart in Osaka at 38,660 against the index's last close of 38,707.64.

Consumer sentiment was little changed in March though it was slightly below what Wall Street had expected, according to a closely watched University of Michigan survey released Friday.

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