European stocks were 1.8% lower, slipping to two-month lows, with energy and mining stocks tumbling as the dollar's jump to near four-week highs crushed commodity prices
After surging to a fresh all-time high earlier on Monday, the MSCI world equity index, which tracks shares in 49 countries, turned lower to fall 0.3pc by 0919 GMT.
The MSCI world equity index, which tracks shares in 49 countries, was up 0.4%
Italy was also set to approve new restrictions as early as Monday after moves in France and Germany last week caused a broad risk-off move across markets.
