US Indices managed to retrace most early-session losses at the start of the week, but still ended the day lower, weighed by monetary policy fears.

The final days of August and early days of September will feature a smattering of growth, inflation, and jobs data from Europe and North America.

Sterling maintains a bearish outlook against the U.S. dollar from a fundamental and technical standpoint, suggesting that the British currency could continue to lose ground in the FX market.

Dow Jones futures continues to test the 32,000 psychological level as rate hike expectations and rising yields weigh on global equities, supporting US Dollar strength.

The index enjoyed a bounce in European trade after opening with a gap to the downside. The threat of more Fed and ECB rate hikes weighs on the index

US equity futures point to a lower open following another round of selling during the overnight session.

Jackson Hole brought with it a substantial rise in volatility, as expected. Markets now appear more hawkish for the Fed and even the ECB as they price in expectations

Spot gold remains under pressure citing a stronger USD and higher real yields.