Central bank meetings and economic reports dominate market focus this week.

Asia-Pacific markets are trading mixed as investors await major central bank meetings scheduled ahead, including the U.S. Federal Open Market Committee, the European Central Bank, and the Bank of Japan. Japan's Nikkei 225 and Topix rose, while South Korea's Kospi and Kosdaq also saw a positive open. However, futures for Hong Kong's Hang Seng index point to a lower open. Meanwhile, U.S. Treasury yields rose as investors prepare for the Fed policy meeting, and corporate earnings for the S&P 500 are expected to post a third consecutive decline in Q2.