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Reaction: Global stocks, crude prices climb

Squawk Box Live tracked markets as equities and crude prices made notable gains.

Global stocks looked set to end the week on a high note, following a surge on Wall Street. It came as U.S. Fed minutes tempered expectations of an imminent interest rate hike.

Meanwhile, crude prices were climbing on the back of forecasts from PIRA Energy Group, which said the current slump is laying the groundwork for prices to hit $75 per barrel by 2017.

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