Reuters

Oil eased on Monday after U.S. drilling activity rose and fears waned about escalating tensions in the Middle East.

Borrowing costs in the euro zone rose to three-week highs as hopes that a U.S.-led strike on Syria would not escalate into a broader conflict.

The pound rose on Monday, as investors focused on data that could help shore up expectations of a May interest rate hike.

European shares steadied on Monday as investors expected there would be no immediate military escalation in Syria.

Japanese Foreign Affairs Minister Taro Kono and his Chinese counterpart kicked off the first high-level economic talks between their nations in eight years.

Oil fell 1% following western air strikes in Syria over the weekend, while a rise in U.S. drilling also dragged on prices.

The dollar dipped as markets weighed strikes on Syria by the US and its allies.

Nations Nikki Haley said on Sunday that the United States would not pull its troops out of Syria until its goals were accomplished.

U.S., British and French forces struck Syria with more than 100 missiles on Saturday in the first coordinated Western strikes against the Damascus government.

U.S. trade negotiators have reduced their demand for regional auto content under a reworked NAFTA trade deal.