European stocks fell

European stocks fell, erasing the progress weekly Europe Stoxx 600 Index as investors await confirmation of whether Ireland will accept the rescue of the banks of STIs. U.S. stocks Asia and index futures rose fluctuate.

Rio Tinto Group led mining companies lower amid speculation China May Further measures to cool the overheating economy of STIs. Aerospace Zodiac SA fell 6.2 percent after Safran SA said it would not bid for the company. Corio NV lost 2 percent as Morgan Stanley downgraded the promoter.

The Stoxx 600 fell 0.4 percent to 270.03 at 9:44 am in London, having opened little changed. The benchmark for the rally two days earlier amid growing speculation that Ireland agrees to receive EU financial assistance directed by ITS indebted to banks.

"Risk appetite is largely muted in September to be entering the weekend," said Jonathan Shroud, one night in London Capital Group dealer. "Operators tend to sit back until a concrete and definitive solution" is in Ireland.

The Irish Prime Minister Brian Cowen, is leaning toward accepting a rescue package that threaten the country's low in May, voters put taxes and policies on the hook to repay loans the central bank said it may be worth "tens of thousands of millions "of euros. EU officials and the International Monetary Fund are in Dublin to assess the books of banks.

U.S., Asia shares

Futures on the Standard & Poor's 500 Index futures fell 0.2 percent today after the baseline measurement for the U.S. Most stocks rally yesterday in two weeks. The MSCI Asia Pacific Index climbing 0.2 percent, led by technology and energy companies after Dell Inc. s earnings estimates has exceeded analyst and oil prices reversed losses.

Rio Tinto was an indicator of the resource base for producers biggest drop among 19 industry groups in the Stoxx 600, falling 2.1 percent to 4,191.5 pence. BHP Billiton Ltd. fell 1.8 percent to 2,323 pence and Anglo American Plc fell 1.9 percent to 2,904.5 pence.

China, May Raise Rates for the second time this year, as soon as today, the China Securities Journal reported on November 17, citing an unnamed analyst. Earlier announcements rate decisions also indicate that often released on Friday or around day 20 of the month, the newspaper said.

Zodiac tumbled 6.2 percent to € 48.67 after Safran, the second largest European manufacturer of aircraft engine, said he decided against making a bid for Europe's largest maker of airplane seats. Safran climbing 5 percent to € 23.78.

"After several contacts and under present circumstances, the conditions of a combination of environment are not met," Safran said in a statement. UBS AG analysts removed from STIs French Zodiac "top pick" list and downgraded the stock to "neutral" from "buy."

Corio Removal 2 percent to € 46.35 after Morgan Stanley downgraded the largest Dutch developer to "weight" from "overweight."