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“Until now the oil rise does not seem to have had a major impact on markets. High oil has so far not seemed to erode global economic growth with trends elsewhere so powerful that the rise has been rather well absorbed.”
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“Of course it could at some point start hurting consumption but knowing at which (oil price) level that would be is the one million dollar question.”
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“We've had quite a shining start of the year so the fundamental driver of markets will probably surprise on the positive side this year again.”
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