Mineral companies pulled European indexes down after Chinese GDP date showed weak growth and faltering manufacturing momentum. Britain's FTSE 100 fell 32 points, or 0.51% to 6,345. France's CAC 40 fell 10 points, or 0.22% to 4,692. Germany's DAX bucked the trend, rising 0.35% to 10,139.
U.S. indexes opened lower as U.S. companies' earnings disappointed. Dow Jones was down 76 points, or 0.44% to 17,139. NASDAQ fell 18 points, or 0.37% to 4,868. S&P 500 fell 9 points, or 0.45% to 2,024.
Crude oil fell sharply on Monday on the back of the Chinese date. Brent oil futures for December fell $1.34, or 2.68% to $49.10 a barrel. U.S. oil futures fell $1.18, or 2.47% to $46.54 a barrel.
Dollar rose against a basket of major currencies, with the Dollar index (DXY) gaining 0.11% to 94.79. Dollar rose for the third session against Euro to 1.1327. It was flat against Yen at 119.38. It fell against Sterling to 1.5480.
Sterling rose to a four-week high against Yen to 184.86. It made gains against Euro for the fourth session, touching a three-week high at 0.7315.
Commodity-linked currencies took a hit after China's data, with Canadian Dollar falling for the second session against U.S. Dollar to 1.2969. Australian Dollar gave up all of its early gains today, trading flat at 0.7255.
Spot gold fell $7.90, or 0.67% to $1,175.60 an ounce. Silver fell 22 cents, or 1.38% to $15.88 an ounce.