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David Taylor, Market Analyst/Commentator at CMC Markets, says positive newsflow from the US could offset negative news on Europe. CMC has downgraded stocks in the finance sector in Australia while it's difficult to price in uncertainties of the superprofit tax on mining companies.
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More Uncertainties Ahead
David Taylor, Market Analyst/Commentator at CMC Markets, says positive newsflow from the US could offset negative news on Europe. CMC has downgraded stocks in the finance sector in Australia while it's difficult to price in uncertainties of the superprofit tax on mining companies.
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