Markets show little reaction to what had been a pretty well-tipped event - the ISDA...

|By:, SA News Editor

Markets show little reaction to what had been a pretty well-tipped event - the ISDA Determinations Committee deciding a credit event has occurred with respect to Greece. Shares remain modestly higher though continuing to leak oil from morning highs, the S&P 500 +0.4%. The euro remains sharply lower, -1.3% at $1.3106.