Cyprus Banking Crisis: Shares in Eurozone Banks Drop and Bond Yields Spike as Investors Sell Out of Risk Assets

Global markets eyes is on Cyprus banking crisis, Cyprus concerns spook markets, Shares drop as a plan to tax private bank deposits to fund a €10bn bailout for Cyprus revives worries about Europe's debt crisis

What a day, Euro at three-month low on Cyprus jitters, Analysts say that uncertainty over developments in Cyprus as well as Italy are likely to keep the single currency under pressure in coming days

Cyprus banking crisis latest update, Eurozone banks hit by Cyprus levy, Shares in eurozone banks drop and bond yields spike as investors sell out of risk assets on concerns over the implications of a Cyprus bailout

Cyprus worries bringd Eurozone bond yields jump on Cyprus, Investors take fright as the move to impose a levy on depositors triggers concerns of a further escalation of the eurozone debt crisis

Yeahh as expected Rising US dollar marks significant shift, US currency should be expected to trend higher, and put industrial commodities and emerging market currencies and local debt under pressure

Meanwhile, M&S bucks FTSE selling on deal hopes, Press reports that Qatar's sovereign wealth fund is working on an £8bn bid keep the retailer out of wider losses sparked by fresh eurozone fears

From Manila economic news, Philippines aims to borrow less overseas, Foreign inflows are pushing up value of local currencies in Asia, leading to volatile debt markets and asset price bubbles, warns ADB

From Sidney economic news, Australia finds HFT fears 'overstated', A six-month study by Australian regulators finds there is no evidence that high-frequency traders abuse or manipulate equity markets