Stocks and bonds fell on Monday as political and economic uncertainties weighed on investor sentiment. The dollar index was little changed, while the euro rose.

US futures fell, indicating that global equities will face additional challenges after the Federal Reserve signalled sharp interest-rate hikes and balance-sheet reductions to combat price pressures last week. The Stoxx 600 in Europe fell as investors focused on France's uncomfortably close presidential election, with technology stocks leading declines.

Chinese stocks have also fallen as a result of the mainland's covid outbreak, rising factory-gate prices, and regulatory concerns in the technology sector.

Oil fell as a result of the risks to demand posed by China's lockdowns, and Iran said the 2015 nuclear deal is in the emergency room.

- Ireland's Foreign Min. Coveney: The EU is working on oil-related sanctions.

- Iran's nuclear deal is in the emergency room, but its fate is unknown.

- Euro zone money markets price in around 70 bps of ECB rate hikes by December, compared to 65 bps on Friday.