Friday, July 29, 2016

It was a sea of red for the European session ahead of ECB stress test results due today





FX Research
by Saktiandi Supaat


BoJ Jitters, ECB Stress Test





It was a sea of red for the European session ahead of ECB stress test results due today. US stocks also started in red before regaining their foothold and ended the session mixed. US weekly jobless claims rose to 266K and its Jun trade deficit was also wider than expected. We are in for a jittery session this morning ahead of BOJ policy announcement at mid-day. Nikkei was last seen flat as investors steered to the side-lines ahead of the policy announcement.

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