Fears that an interest rate hike in the United States is imminent drove Asian stock markets outside Shanghai lower on Monday.» Read More
Asian equities turned mixed in Friday's afternoon session.
Oil prices rose on news Saudi Arabia cut its supply to the market in September and on strong economic data from Europe and China.
Sentiment in the so-called 'lucky country' has deteriorated sharply, analysts told CNBC.
Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.
Most Asian bourses followed Wall Street higher on Tuesday, except Chinese and Indian shares which failed to track Asia-wide gains.
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
The euro headed back below $1.34 on Tuesday after a survey of Italian service sector purchasing managers disappointed on the low side.
With global markets shrugging off geopolitical tensions following the downing of MH17, analysts are warning that investors are becoming complacent.
Yellen, facing questions on the economy and rate hike, will be pressured to acknowledge an uptick in inflation and improvement in the labor market.
Asian shares traded mixed late Thursday. Domestic data lifted Australian stocks, while weaker-than-expected Chinese economic data limited gains in Shanghai.
Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target.
Few bright sparks could be found in dour Asian stock markets on Monday.
Asian shares were mostly in the green on Tuesday, after a positive handover from the U.S. sent majority of equity markets, particularly Japanese shares, higher.
Asian equities were mostly lower on Thursday after preliminary data showed that Chinese manufacturing activity slowed to a 7-month low in February.
While dollar-yen is likely to break above 100 soon, there is skepticism over whether the pair will remain above the key psychological level.
As Australian stocks power to fresh five-year highs, analysts say the country's benchmark index is set for further gains.
China's benchmark index reversed course for a second time on Friday to close down 0.6 percent following an earlier spike of 5.6 percent that propelled the index to two-and-a-half-month highs.
Australian stocks approached their highest levels in nearly five years on Wednesday after China's trade balance swung to a surplus in April while Japan's benchmark Nikkei remained the region's out performer, extending gains to hit a fresh near five-year high.
Westpac, Australia's third-largest lender, posted a forecast-beating half-year profit on Friday, rewarding investors with a special dividend.
Australia's banks are cutting the cost of fixed-rate mortgages to their lowest in over two decades as a marked fall in funding costs and fierce competition combine to offer a glimpse of light.