European equity close: Not a pretty picture ...Middle East

Yesterday, European stock markets recovered from an early dip. Today was a different story as the major indexes closed near the lows:Stoxx 600 -1.1%German DAX -0.9%Francis CAC -0.9%UK's FTSE 100 -0.8%Spain's IBEX -1.1%Italy's FTSE MIB -1.4%There hasn't been a meaningful selloff since August 5. This article was written by Adam Button at www.forexlive.com.

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