European banks failing stress tests and Euro crisis concerns may cause a chilling reaction in the markets on Monday.
Harry Wilson and Phillip Aldrick from The Telegraph believe that there will be chaos on the markets as investors and analysts claim that the stress tests were over optimistic and inadequate. Emma Rowling (also from The Telegraph) reports that global equities could lose up to 38 percent of their value at the most extreme prediction or 12 percent at a much milder prediction. ArabMoney.net are also predicting a 'horrible trap' ahead for investors.
One things for sure - I'll be keeping my eyes wide open on Monday!