... * Prices fall nearly $2 a barrel in early trading. * World still over-supplied with oil - Morgan Stanley report. * China manufacturing contracted at fastest pace in three years - official PMI data (Updates prices, adds comment).
Last week, it looked like markets had bullied the US Federal Reserve into delaying interest rate increases, but over the weekend one of the central bank's most senior and respected policymakers fought back.
Gold rose after a factory gauge in China shrank to a three-year low, signaling a deeper slowdown in the world's second-biggest economy and casting doubt on when the U.S.
Shoppers were happy to show off the Blue Bell ice cream made in Alabama but sold in Brenham as cartons were stocked early Monday in parts of Texas.
South Korea has suffered its heaviest fall in exports for six years, bolstering expectations that the central bank will cut rates next week to tackle a rapidly darkening outlook.