Forexlive European FX news wrap 7 Nov || Dips on dire data ...Middle East

Stocks and Crude have dipped on dire data, predominantly from Germany and China.Futures tracking Wall Street's main indexes fell on Tuesday as optimism over potential rate cuts from the Federal Reserve next year waned, with investors on tenterhooks ahead of more commentary from central bank officials.FULL STORYOil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts.FULL STORYRoundup of todays headlines:Fed's Kashkari: Have to let inflation and labor data guide usBig Tech to face tougher rules on targeted political ads in EUDollar extends gains, euro hurt by German dataBrazil central bank stresses l

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