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  • Alan Higgins, U.K. CIO at Coutts, says the weak euro zone PMI reflects the "very weak" bank lending environment and says a ECB rate cut is more likely than a quantitative easing program.

  • Steve Keen, head of the school of economics, politics and history of Kingston University, London, says fiscal policy in Europe should aim to allow the private sector to sort out its debts at a slower pace.

  • Richard Mallinson, geopolitical analyst at Energy Aspects, says the Ukrainian crisis should have little impact on oil supply, but highlights that oil prices could respond to other geopolitical risks.