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The European stocks markets have been open for around 20 minutes now and in that time we have seen the FTSE 100 actually fall back, as shares in AstraZeneca drop sharply and BP underperforms, effectively eroding any upside in the gains seen in HSBC. At the same time the DAX has pushed higher and lifted close to 22,400 in early trading. That rise has been buoyed by gains in Deutsche Bank, after they beat on their Q1 earnings earlier today. The FTSE 100 is now tracking back towards 8,400 as the GBP/USD pushes back above 1.34 and the price of Brent crude edges lower, towards $65 per barrel
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