Nov.29 -- Oil retreated back below $47 as OPEC members haggled ahead of a meeting on production cuts, while a rally in metals ran out of steam. Crude futures swung back to losses as Iraq and Iran raised objections with OPEC officials over how to distribute output reductions, referring the issue to ministers for further consideration. Copper slumped for the first time in seven days. The Bloomberg Dollar Spot Index stabilized after a two-day loss. Emerging market stocks were generally higher, while those in developed nations slid. Lloyds Private Banking CIO Markus Stadlmann discusses with Anna Edwards and Yousef Gamal El-Din on "Bloomberg Daybreak: Europe."