A sigh of relief?

So will the markets breath a sigh of relief on Monday?
It says something that if only eight banks out of 20 failed the 5% benchmark that this should be treated as good news. But, there are still 15 that are in the danger zone and that is with the frantic capitalisation that went on in the first quarter of this year.
We will see on Monday which banks find favour with the markets and despite this breather, I am sure the ratings agencies may take a different view.

BANKING ON A STORM

In around an hour and a half's time, we will see how stable European banks really are with the publication of their stress tests.

It has been kite-flighted that around 10 banks will fail but analysts will probably play spot the debtee with the banks having to disclose their exposures to debt.

It is no wonder that the result are coming out after the UK and European markets have closed because there could be some vicious figures floating around out there.