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Brent: general analysis on 12.05.2015

The price of crude oil Brent continued to decline. The main pressure on the price is exerted by the strong American dollar, which is growing largely due to the decrease in the yield on German bonds. According to experts, quantitative stimulus, implemented by European Central Bank could have been the reason for the decrease in the price of German government bonds. However, if the threat of exit of some countries from European Union would become a reality, German bond yields will grow, as they are considered a reliable investment. 

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