In Asian Equity Markets indices traded mixed on Monday as major Chinese indexes fell in morning trade. The Shanghai composite fell by 0.95 percent and the Shenzhen composite fell 0.83 percent. Hong Kong’s Hang Seng index traded fractionally higher. In Japan, the Nikkei 225 retraced gains of more than 1 percent to trade near flat at 21,197.84 while the Topix index fell 0.14 percent. South Korea’s Kospi gave up early gains to trade down 0.36 percent as heavyweight Samsung Electronics added 0.24 percent while SK Hynix traded down 2.54 percent.

In Currency Markets the US dollar held firm against a basket of its key rivals on Monday, not far off a 10-week peak hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The euro fell 0.1 percent to $1.1390 even as German Chancellor Angela Merkel’s junior coalition partners gave her conservatives until next year to deliver more policy results. The euro has lost 1.8 percent this month on concerns over Italy’s free-spending budget that would breach EU fiscal rules. Against the yen, the dollar held steady at 111.92 yen.

In Commodities Markets oil prices were stable on Monday, supported by a bounce in Asian stocks, but analysts said sentiment remained cautious after a plunge in financial markets last week triggered worries that global growth may be slowing. Front-month Brent crude oil futures were at $77.63 a barrel, 1 cent above their last close. U.S. West Texas Intermediate (WTI) crude futures were at $67.65 a barrel, up 6 cents from their last settlement. Hedge funds cut their bullish wagers on U.S. crude in the latest week to the lowest level in more than a year.

In US Equity Markets the S&P 500 ended at its lowest level since early May on Friday and flirted with correction territory after technology and internet shares sold off further, capping another volatile week for U.S. stocks. Amazon fell 7.8 percent in its worst daily percentage drop since October 2014, after it missed quarterly sales estimates and gave a below par holiday-season sales forecast. The S&P 500 lost 1.73 percent, to 2,658.69 the Nasdaq Composite fell 2.07 percent, to 7,167.21. The Nasdaq fell 3.8 percent for the week, while the S&P 500 was down 4 percent on the week.

In Bond Markets U.S. Treasury yields fell to three week lows on Friday as stocks sank in volatile trading, boosting demand for safe haven debt. Treasuries have largely moved in lockstep with stocks this week, with yields rising and falling with equity prices. Benchmark 10-year Treasury yields fell as low as 3.057 percent on Friday, the lowest since Oct. 3, before rising back to 3.077 percent. The yields are down from a more than seven-year high of 3.261 percent on Oct. 9.