US rate hike talk dominates markets

European stock markets were mostly lower in morning deals as brokers pondered the impact of higher US ratesRising expectations that the United States will raise interest rates in December for the first time in nine years dominated world financial markets Monday, boosting the dollar while capping gains for stocks. European stock markets were mostly lower in morning deals as brokers pondered the impact of higher US rates. Stock markets across in Asia had a fairly solid showing despite further weak trade data out of China.

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