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Tokyo stocks opened 0.70 percent higher on Wednesday , after Wall Street stocks surged amid claims the U.S. Federal Reserve ( U.S. ) Janet Yellen who promised to continue the program 's central bank monetary policy .
The benchmark Nikkei - 225 rose 103.39 points to 14,821.73 in early trade .
It happened after the Dow Jones Industrial Average surged 1.22 percent to 15,994.77 on Tuesday as stocks reacted warmly to the statement of the U.S. Federal Reserve Janet Yellen new .
" Yellen only deliver precise statement on the market , which assured that there will be a major breakthrough with the existing policy , while still cautious , " said equity general manager at SMBC Nikko Securities Hiroichi Nishi .
" How to handle emerging markets monetary easing ongoing U.S. is another matter , but for now the net impact on Japanese stocks should be positive . "
In his first public comments on policy since becoming the new head of the Federal Reserve earlier this month , Yellen told Congress on Tuesday that the U.S. economy is expected to grow this year and next year at a moderate pace .
He said he would remain on track to defend Fed easing slowly in the stimulus program that is currently 65 billion dollars per month , a plan which has pushed interest rates higher and increase volatility in emerging markets .
Meanwhile the U.S. dollar gets support from Yellen 's comments and traded at around 102.53 yen at the opening of trading on Wednesday compared with 102.64 yen in New York Tuesday afternoon .
The euro bought 1.3636 dollars and 139.85 yen compared with 1.3638 dollars and 139.99 yen .
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