The publication of the results of the exercise test, which covers 65% of the banking sector of the European Union, the event will be Friday. Although the official launch is scheduled for 6:00 CET (the press conference will be held on CEBS 2 hours later), the unofficial results are expected to arrive today. El Pais has reported on some of the 18 banks included in the Spanish stress test does not approve.

Stress tests under the spotlight resistance test of the European banking sector is very controversial. Firstly, the criteria taken into account is unclear. There is no consensus on the threshold where the results will be the feeling of support. Goldman Sachs, based on its own investigation, expects that 10 of the 91 financial institutions covered by the test will not give them the necessary capital and would reach 37 billion euros. Nomura analysts estimate that 10 banks failed stress test, but they felt necessary injection could be up to 75 billion euros. They also indicate that the problems of 30 to 40 banks with combined capital of 100 billion euro would be a necessary sign of an emergency. UBS expects 10-20 banks do not test. On the basis of all estimates, a consensus would be 10-15 banks in difficulty and need about 30 billion euro capital injection. It is far less than $ 74 billion added to the U.S. banking sector.

Wall Street on Wednesday, gaining after Wall Street sell-off caused by Ben Bernanke, who described the U.S. economic outlook unusually uncertain, the last session ended on a strong growth. S & P 500 was up 2.25% at 1093.67 pts. Nasdaq 2.68% at 2245.89 pts. Good atmosphere figures in the European market, intermediate from the U.S. and Europe have been the impetus for the expectations of the bulls. Friday program in addition to the results of stress tests, the IFO index, a second quarter GDP growth forecasts for Britain and Canada, published in the CPI is also scheduled on Friday.