Reuters

Oil fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest level since September.

Oil prices fell nearly 3 percent to seven-month lows on Tuesday after increases in supply by several key producers.

The dollar hit a three-week high on Tuesday, boosted by comments from the Fed.

A slew of Western investors and traders who placed bets in the past two years that China’s yuan currency would drop because of a weaker Chinese economy, the threat of a debt crisis, and capital outflows, abandoned those positions in recent months.

World stock markets climbed on Monday as technology and retail stocks rebounded.

Oil prices fell about 1 percent on Monday to a seven-month low as market players saw more signs that rising crude production.

Sterling edged down against the dollar on Monday, with demand for the currency weakened by uncertainty over domestic politics.

Britain’s negotiators came to Brussels seeking a “new, deep and special partnership with the European Union” on Monday as talks on the unprecedented British withdrawal from the European Union finally got under way.

Asian stocks began the week modestly higher on Monday after Wall Street offered little guidance, while sterling and the euro steadied before the start of talks over the terms of Britain’s exit from the European Union.

The dollar steadied against a basket of currencies early on Monday after slipping on soft U.S. economic data.