The euro reached the lowest level in almost a year against the dollar as signs the region's economy is underperforming that of the U.S.
An employee is seen behind a glass wall with the logo of Alibaba at the company's headquarters on the outskirts of Hangzhou, Zhejiang province.
The prospect of the first ever default in China's rapidly expanding shadow banking sector sent shockwaves through financial markets this year.
Swiss National Bank President Thomas Jordan pledged to maintain the cap on the appreciating franc amid increasing global economic risks.
Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office, or Destatis, confirmed Monday, putting pressure on policy makers to move ahead with measures to boost the economy.