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Japan's Nikkei rises on confirmation of Kuroda as BoJ Governor

Japan's Nikkei Stock Average rose by +1.45% as the upper house confirmed Haruhiko Kuroda as the new BoJ Governor, and Kikuo Iwata and Hiroshi Nakaso as Deputy Governors, and they will start their jobs in March 20. “Confirmation of new BoJ Governor Kuroda was a mere formality, and we await the first BoJ meeting on April 3 to see if strong words are backed by aggressive deeds”, wrote TD Securities analysts.

Mainland China's Shanghai Composite moved higher by +0.36%, Hong Kong's Hang Seng gained +0.04%. South Korea's Kospi dropped -0.78% and India's Bombay Sensitive eased -0.70%.

Futures for the German DAX 30 (+0.43%) and the French CAC 40 (+0.23%) are signaling a higher opening ahead of EMU CPI and the last day of the EU Summit.

Forex: GBP/USD in weekly highs above 1.5100

The sterling is following its European peer on Friday, advancing beyond the key resistance of 1.5100 ahead of the CB Leading Economic index during February in the UK...
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Forex: AUD/USD eyes 1.0400 as risk-on trade sharpens

The Aussie dollar is trading almost unchanged on Friday, despite the risk-on tone in the markets is posed to extend yesterday’s rally, pushing the cross to test Thursday’s highs above the key resistance of 1.0400...
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