Investing.com -
Yen rallies
The dollar hit fresh 15-month lows against the yen amid heightened expectations that the Federal Reserve will delay further rate hikes.
U.S. oil falls below $27
U.S. oil futures fell below the $27 per barrel level as record U.S. crude inventories at the Cushing delivery point underlined concerns over a global supply glut.
Gold shines amid flight to safety
Gold hit its highest level since May as doubts over U.S. rate hikes and anxiety over slowing growth, weak oil and tighter credit markets spurred a flight to safety.
European bank stocks tank
European bank shares fell to their lowest level in three-and-a-half years as concerns over the health of the financial sector weighed.
U.S. futures point to heavy losses
U.S. stock markets pointed to heavy losses at the open, joining a global market selloff, as investors shunned risk.