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With the double dip recession expected to continue, traders are factoring higher expecations for additional BoE easing. Euro Faces a Move To and Below 1.2800 if Risk Falters after EU Summit. As the week ended without a Spanish request for a bailout, markets are bracing.

One of the top leaders in the Utilities sector this morning is RWE, who have attained 7 new Norwegian contracts, increasing their share price at this point. Other highlighted companies in Europe today include Total announcing plans for a USD 1.8bln upgrade of the Daesan.

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