Asia-Pacific markets trade mostly higher on Monday, following Japan's central bank's head's speech that left markets uncertain about the country's rate outlook; investors await China’s Loan Prime Rate decision and Nvidia's earnings release this week.

The yen weakened as much as 0.5% to ¥155.14 against the dollar as Ueda’s comments proved less hawkish than some market participants had expected.

Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, comments from its central bank's head left markets none the wiser on the country's rate outlook.