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...

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0227 GMT [Dow Jones] Singapore's STI is down 0.2% at 3261.56, largely shrugging off fresh eurozone concerns af... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely: 0227 GMT [Dow Jones] Singapore's STI is dow... [link]
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MARKET COMMENT: Singapore's STI Down 0.2%; 3250-3280 Range Likely [link]