The financial sector was the biggest mover on Monday, climbing 0.6 per cent. -AAP Image
The local bourse has recouped its modest morning losses to close slightly higher ahead of a busy week of central bank meetings.
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The benchmark S&P/ASX200 index on Monday finished up 5.5 points, or 0.07 per cent, to 7,675.8, while the broader All Ordinaries climbed 1.4 points, or 0.02 per cent, to 7,925.2.
The Reserve Bank of Australia meets on Tuesday, as does the Bank of Japan.
Then Federal Reserve will announce its latest decision on rate hikes in the pre-dawn hours on Thursday, Australia time, and later that day the Swiss National Bank and the Bank of England will do likewise.
The Bank of Japan meeting might be the most eventful, with several economists including Goldman Sachs' Tomohiro Ota predicting the central bank would lift rates for the first time since 2007 on Tuesday.
The other central banks, including the RBA, are expected to leave rates on hold.
The Australian dollar was buying 65.63 US cents, from 65.57 US cents at Friday's ASX close.
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