The spread between the Brent Crude and West Texas Intermediate (WTI) oil price benchmarks hit record highs this week, driven by a combination of unrest in the Middle East and supply surplus in North America.
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With the Swiss Franc sitting at a record high against the euro one analyst told CNBC.com that it could be time to bet against the safe haven currency.
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The dollar could be set to rally against the euro despite improved market sentiment around the European sovereign debt crisis, Robin Griffiths, technical strategist at Cazenove Capital told CNBC Monday.
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When the Chinese authorities are bailing out local governments for 463 billion dollars, or the equivalent of one and a half* TARP’s when adjusted for GDP, there could be big problems ahead, according to Societe Generale’s Dylan Grice.
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Commodities will weaken in the short term as the Chinese economy starts to slow, but prices could once again move higher from this fall boosted by power constraints in China, Jim Lennon, head of commodities research at Macquarie Bank told CNBC on Monday.
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Investors should prepare themselves for a third round of quantitative easing, Simon Maughn, co-head of European equities at MF Global, told CNBC Wednesday.
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The euro is gaining and stocks are following the single currency higher, but investors should avoid chasing the risk-on trade according to one analyst.
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With divisions over how to respond to the Greek debt crisis worrying investors, one analyst believes there are considerable short-term risks for the euro.
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The S&P 500 will gain just three percent before the end of the year and will be significantly outperformed by stocks in Japan, Europe and the UK according to Patrick Moonen, a senior Strategist at ING Investment Management.
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