· European stocks opened higher Friday, as investor confidence slowly returns after a sharp sell-off earlier in the month.
The pan-European Stoxx 600 was up around 0.5 percent shortly after the opening bell, with almost all sectors and major bourses in positive territory.
· Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in the month, while the dollar continued its descent, hitting a three-year low against a basket of major currencies.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, though many Asian markets were closed on Friday for the Lunar New year.
· Japanese stocks rose on Friday, with investors relieved to see the government appoint Bank of Japan Governor Haruhiko Kuroda for another term and choose an advocate of bolder monetary easing as one of his deputies.
The Nikkei ended 1.2 percent higher to 21,720.25. For the week, it rose 1.6 percent.
Reference: Reuters, CNBC
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