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History Suggests Higher Oil = Risk Off: Analyst | |
February 22, 2011 "Higher oil is by definition going to be a drag on spending and the economy and the uncertainty the middle-east crisis is creating is bad news for sentiment," Simon Derrick, head of currency research at BNY Mellon, said. Source: http://www.cnbc.com/id/41712753?__source=RSS*tag*&par=RSS |