Europe sighed with relief Saturday after most of the continent's banks passed financial stress tests, but analysts warned that the exams might not be tough enough to restore confidence in the sector.
The euro fell just after the release of the test results late on Friday but made up the lost ground. US stocks also ended slightly higher but European governments face a nervous wait for markets to reopen on Monday to get the full global reaction.
Only seven out of 91 banks failed the tests, which were organized in hope of reviving investor confidence in Europe's embattled banking sector.
For more: European governments relieved by bank stress tests
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