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STOCKS – The MSCI world equity index, which tracks shares in 47 countries, was down 0.5 percent on Monday and 1.6 percent since Friday’s open as the Turkish lira plunged to a record low, forcing the country’s finance minister to announce an economic action plan to ease nerves .
BONDS – Overnight, U.S. Treasury 10-year yields also dipped to the lowest in just over three weeks at 2.85 percent.
COMMODITIES – Copper prices, often seen as a proxy for global economic growth, were down 1 percent. In other commodity markets, gold was last down half a percent.
CURRENCIES – The euro fell to a one-year low against the dollar on Monday and sank to a one-year trough against the Swiss franc as well. It hit a 10-week low to the yen around 125.45.
ECONOMIC DATA – CNY Industrial Production y/y due at 22:00 ET.
