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50 DAX Germany Germany continued to struggle with global slowdown Russian sanctions a meltdown of Deutsche Bank stock and the politics of the EU and immigration. RSX Russia OIL Crude Oil Russia continued to feel the squeeze of G7 sanctions lower oil prices and efforts by the United States to keep the Russian government from selling 3 billion dollars in sovereign bonds into Western capital markets. Despite the head- winds Russian equities outperformed global markets for the 1st Quarter closing some of the significant divergence.