MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow...

MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely

MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow...

0227 GMT [Dow Jones] Singapore's STI is down 0.2% at 3261.56, largely shrugging off fresh eurozone concerns after Cyprus' parliament rejected the proposed bank levy required for its bailout. "Firstly, Cyprus is a relatively small economy, and secondly, although the deposit levy caused confidence concerns, the belief is, as even the German finance minister commented yesterday, what happens in that country stays in that country," and won't spread to Spain, Italy or others, says Yeo Kee Yan, market strategist at DBS Vickers. "The next question is how is the country is going to fund the bailout," he notes. "The uncertainty will spill over to the rest of the eurozone, but so far Italian and Spanish bond yields are still fairly stable," with only minor surges. He expects market focus on the FOMC meeting later, although the outcome "shouldn't be a mystery," with rates and policy ...

Full article: http://www.foxbusiness.com/news/2013/03/19/market-comment...

Tweets

@Thebiztable » 20 Mar '13, 3am
Breaking News: MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely [link]
@forextvblog » 20 Mar '13, 3am
FOXNEWS: MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely [link]
@MarketsBusiness » 20 Mar '13, 3am
#Business #News MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 G... [link] #Finance #Money #Fox
@Amanda_Langley » 20 Mar '13, 3am
0227 GMT [Dow Jones] Singapore's STI is down 0.2% at 3261.56, largely shrugging off fresh eurozone concerns af... [link]
@Loupo85 » 20 Mar '13, 3am
RT @metaldc4life: FreedomWonInc. MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT… [link]
@metaldc4life » 20 Mar '13, 3am
FreedomWonInc. MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT… [link]
@_BusinessAngels » 20 Mar '13, 2am
#BusinessAngel #Business MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely #Finance #SmallBusine... [link]
@Credit2Credit » 20 Mar '13, 2am
#business MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow ... [link] #money #investment
@VROOX_FreeVOD » 20 Mar '13, 2am
#SmallBusiness #News MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 02... [link] #Money #FoxBusiness
@BusinessScoop » 20 Mar '13, 2am
FOX News: MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely [link]
@kristtanner » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@NewHomesTampa » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@1430KYKN » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@kristinjterry » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@sheaterry » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@North_Group » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
@4XLA » 20 Mar '13, 2am
MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely [link]