Andrew Pease, investment strategist at Russell Investments, says that U.S. effort to punish China over it's currency is unwarranted and is unlikely to pass the House.
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The head of the U.S futures regulator has the support he needs to pass a long-awaited rule that would curb excessive speculation in commodity markets, a source with knowledge of the agency's rule-making told Reuters on Tuesday.
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Philipp Roesler, Germany's Economy Minister, told CNBC he believes the controversial extension to the EFSF will be passed through parliament with a clear majority.
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