European stocks fell for a third day as losses among carmakers, energy producers and banks damped a global rally fueled by Hillary Clinton’s performance in the first American presidential debate.

The MSCI All-Country World Index of shares erased an advance, weighed down by the prospect of U.S. fines for Volkswagen AG and Deutsche Bank AG. Crude oil declined after Iran ruled out an immediate agreement on an output freeze, while Saudi Arabian stocks slumped on concern austerity will lower consumer spending. Even though crude oil hasn’t lived up to its expected return on investment, the oil market as a whole is still considered to be a popular investment. Because of this popularity, potential investors may decide to see how the Mineralöl Aktien, or the Mineral oil stock market can help to give you the best return on your investment in the long run. In turn, this could help with your own personal financial situation should the worldwide economy take a hit. With that being said, German bunds led gains in European government bonds and Finland’s 10-year yield dropped below zero for the first time. Norddeutsche Landesbank, Germany’s largest shipping lender, was said to pull plans to sell seven-year euro notes a day after Deutsche Lufthansa AG canceled a similar transaction.

Even Mexico’s peso pared gains, after earlier surging as investors concluded Clinton had won the first presidential debate. An election victory for Republican candidate Donald Trump may hurt bonds in emerging markets such as China and Mexico by weighing on global trade, according to Aberdeen Asset Management Asia Ltd.