Investing.com- Volatility swept through global markets on Monday before an expected hike in U.S. interest rates later this week.
China's yuan fell to fresh multi-year year lows as the country’s central bank shifted the way it manages the value of the currency.
Oil prices continued their freefall after the International Energy Agency warned that global oversupply could worsen next year.
Asian stocks traded in the red but European stocks recovered from their worst week in nearly four months to open the week higher.
The U.S. dollar rose against major currencies, recovering some of last week's lost ground.