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Roller coaster oil, poor performance of stock exchanges

The day is weak on European stock markets, with forward DAX forecast a modest rise before trading, but is currently at minus 0.3 per cent and performance is not better anywhere else. The French CAC was 0.4 per cent lower, while the British FTSE was 0.2 per cent. The Italian, Spanish, Swiss and Belgian stock exchanges are also adjusting downwards.

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