Asian stocks climbed, with Japan™s Nikkei 225 Stock Average building on a 15-year high, and gold held losses as investors await progress on Greece™s bailout extension agreed Feb. 20. Oil fell in New York.
The Nikkei 225 gained 0.8 percent by 9:20 a.m. in Tokyo, while Australia™s S&P/ASX 200 Index added 0.4 percent following a fifth straight weekly gain. Futures on the Standard & Poor™s 500 Index were little changed after the U.S. gauge closed at a record. The euro was little changed, while gold traded at $1,202.41 an ounce following a 0.4 percent retreat Friday. Oil in New York dropped after sliding 4.6 percent last week.
The government in Athens has until the end of Monday to complete a list of policies in return for a four-month extension of bailout funds after talks concluded late on Feb. 20. Bank of Japan Governor Haruhiko Kuroda addresses parliament after minutes of its January meeting were released. Officials in Kiev said pro-Russia rebels in Ukraine™s east continued to attack troops, while a bomb killed two people at a rally in the city of Kharkiv.
Source : Bloomberg