European Stocks Fall With Euro; Commodities Rebound
European stocks fell for a fourth day, U.S. index futures erased gains and the euro weakened after German manufacturing and business confidence missed estimates. Commodities gained for the first time in four days on signs a slump in China’s factory output is easing.
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OPEC Output Cut May Not Drain Supply
54:33 - Oil is trading at a three-week low on concerns that OPEC is unable to make the kind of progress it needs to come to a consensus and to a tangible agreement from Vienna in late November. Bloomberg analysis shows that even if OPEC cuts, it still might not be enough to drain the surplus. Bloomberg's Wael Mahdi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)