's selloff, especially in Japan where the NKY225 hit its highest level since Sept 2008. Gains in Tokyo were yen-led after the current BOJ governor, Masaaki Shirakawa announced his intention to end his term 3 weeks early, on Mar 19th. This accelerates PM Abe's leadership transition and speculation is that addition

7 — Fed to release stress test results for big banks March 14 — Fed to release decisions on proposed capital plans of banks March 19 — BOJ governor Masaaki Shirakawa stepping down (successor likely to be named by end of Feb) April 15 — #NoBudgetNoPay deadline for Congress May 19 — US debt ceiling limit July 1 —

ase stress test results for big banks EFTA00396181 March 14 — Fed to release decisions on proposed capital plans of banks March 19 — BOJ governor Masaaki Shirakawa stepping down (successor likely to be named by end of Feb) April 15 — #NoBudgetNoPay deadline for Congress May 19 — US debt ceiling limit July 1 —

the Horizon March 14 — Fed to release decisions on proposed capital plans of banks, Samsung launch event in NYC (Galaxy S4) March 19 — BOJ governor Masaaki Shirakawa steps down (Haruhiko Kuroda takes over pending Parliament vote in early March) April 15 — #NoBudgetNoPay deadline for Congress May 19 — US debt ce