From East to the West, traders are lined up against the North American markets. Oil Fell $1.58 a barrel and gold fell $22 an ounce. With commodities falling, Canadian dollar also slipped 0.31 cents.
Investors are worried about the slowing growth in China, where the government reported last friday that industrial production rose less than expected. Europe is China's largest export market and with Europe sliding back into recession, China is sure to share some of the pain.
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