Major overnight headlines:
• European stocks, bonds firm after June FOMC minutes and Bernanke, Shanghai Composite up 3.2% overnight
• Australian unemployment rate at 5.7% in June versus 5.6% expected; economy adds 10.3K jobs (0.0K expected)
• BoJ’s Kuroda says “will continue” with measures to keep bond market stable, Thomson Reuters
• ECB Monthly Bulletin says forward guidance “does not pre-specify” an end date, Bloomberg
• ECB’s Weidmann says ECB will “lift rates” in time if inflation rises, Thomson Reuters
Read the full report: FX Daily
BMO