– American Session
General Market News
European shares lost around 0.5 percent despite the encouraged economic data of Euro zone as the commodities plunged and US Dollar continue its rally. The stocks of Playtech PLC lost 8.5 percent after canceling an acquisition. Extended monetary policy easing might follow by the European Central Bank after advanced security measures in Brussels have been set due to concerns on possible Islamist attacks, forcing Euro to dive to the lowest level in the past seven months. The Commodity markets reported losses along with bonds as the expectations of the interest rate increase by the Federal Reserve Bank by the next month, are getting stronger, pushing the US Dollar to its highest level within seven months. Saudi Arabia reported its will to cooperate with other exporting and producing countries in order to stabilize the Oil prices.....
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