Markets remain troubled by a range of factors including Italian political events, weakening European economic data – and the inversion of the yield curve.
The weakening yuan triggered a wave of fear in markets, pushing down bond yields. In the UK, the economy shrank in the second quarter – the first contraction for more than six years.
Last week saw a sell-off following an escalation in the US-China trade stand-off and "disappointing" commentary from the Federal Reserve. Volatility looks set to persist.
The Federal Reserve cuts rates but leaves markets unimpressed. In the UK, the Bank of England faces questions on its policy response to a "no-deal" Brexit