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Wednesday, March 20, 2013

Stocks brush off Cyprus worries.

 European shares and U.S. stock futures were solidly higher at the time of writing despite the continued chaos surrounding Cyprus. Traders reckon that because the sums involved are relatively small, a solution will be found. Expectations that the FOMC will keep the money printing machines going at full pelt when it meets for a second and final day today could also be supporting sentiment.

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