|
EU is due to release its version of banking stress test (1 year and 2 months after US conducted its banking stress tests) at 5PM Central European Standard Time. The result will also be available at http://www.c-ebs.org dissected by bank. All major European exchanges would have closed by then, leaving only the US market to digest the information. If last year's US stress test is of any guide, we could see serious market gyrations immediately after the report and also the next trading day. |
|