The Great Debate UK
-Tiffany Burk is the European Market Analyst at Travelex Global Business Payments. The opinions expressed are her own.-
Commentators have suggested that the hype surrounding the release of the EU bank stress tests has made it feel more like a PR campaign than a credible financial analysis.
Despite this, EU officials are hopeful that investors’ response will emulate the same positive and confident reaction we saw in the U.S. more than a year ago, after the release of their banking stress tests.
Indeed, while the results are not released until 5pm British time, confidence in a positive outcome is mounting and financial markets are already pricing in good results.