Asian shares were mixed in early trading sessions; Nikkei was down 0.22 percent while the ASX was trading up 0.13 percent.
CNBC's Bob Pisani looks ahead at what's moving markets this morning including the dollar index and oil.
Japanese shares climbed on Monday, boosted by a weaker yen, but other Asian markets struggled after Fed officials on Friday suggested rates could rise soon.
Asian shares were mixed early Monday; Nikkei gained 1.65 percent as the dollar strengthened against the yen on Yellen's comments.
CNBC's Sri Jegarajah reports on today's trading action in Asia as the Nikkei falls more than 1-percent amid renewed consumer prices concerns.
Asia markets traded mixed on Friday, after most local markets remained near-unchanged this week ahead of a speech by the Fed chair.
The Bank of Japan's purchases of the country's exchange-traded funds (ETFs) has been distorting the market, offering traders a leg up on picking stock winners.
Asian markets were mixed on Tuesday, with the Japanese market ending lower as stocks came under pressure due to a weaker dollar buoying the yen.
Asian shares were mixed in early trade on Tuesday; the ASX was flat while Nikkei was down 0.22 percent.
An iPhone with a curved screen is among three new models Apple has set for 2017, a source told Nikkei Asian Review on Monday.