Most European Stocks Drop as Fed Awaited

European stocks retreated from an 18-month high while Asian equities headed for the longest winning streak in more than three years as investors awaited the outcome of a Federal Reserve policy meeting. The won and South Korean shares closed higher even as North Korea fired a rocket. Oil climbed.

Global Glut: Oil Inventories on the Rise
27:46 - Bloomberg Intelligence's Vincent Piazza previews next week's OPEC meeting and discusses the global glut of crude oil. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
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