European Session

General Market News  – European Session

U.S. stocks dived for a fifth day as the possibility of an interest rate raise by the Fed in December enhances and China’s fresh signs of weakness sent industrial metals lower with emerging equities. Chinese shares led by auto and commodity companies, tumbled to one-month low. Most emerging-market stocks also declined amid the release of Chinese economic data as consumer and industrial companies dropped, China is to announce divergence of data including industrial output. In anticipation of China’s economic report, Asian stocks fluctuated, with the regional benchmark index trading near the lowest since mid-October while investors try to surface clues on the extent of the slowdown in the world’s second-largest economy. Political uncertainty in Portugal provided an excuse to sell in a market already bracing for further monetary policy from the European Central bank causing Euro to nurse broad losses while Greenback is stuck near a decade high as stocks rally falters......