Britain's regulator will launch an investigation into the impact of new European Union rules on the asset management industry after concerns were raised about how they affect the pricing of investment research and other issues.
Britain's top stock index fell on Monday as trade tensions between the United States and China kept the pressure on equity markets across Europe.
U.S. futures were lower on Monday as rising trade tensions between the U.S. and China continued to weigh on investors.
The dollar fell to the day’s lows against the yen on Monday as heightened trade tensions between the U.S. and China hit market sentiment, bolstering safe haven demand for the Japanese currency.
The dollar pushed higher against a currency basket on Monday, boosted by the diverging monetary policy outlook between the U.S. and Europe, while the yen remained supported as trade tensions underpinned safe haven demand.