Stock market sentiment continues to be driven by recession fears after investors endured one of their worst weeks since the start of the pandemic.
There was little change in the mood today amid attention on whether the US Federal Reserve will deliver a back-to-back 75 basis points rise in interest rates in July.
Brent crude is now at $112 a barrel after falling 6% on Friday due to weaker demand fears, while pressure on cryptocurrencies has continued after bitcoin fell below $20,000 over the weekend.