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Pre-market price action and scheduled economic data that may have an impact on the global financial markets:

STOCKS – Shares edged up in Europe and Asia on Monday, shrugging off a retreat in oil on concerns over excess supply, as gains in Chinese shares and a benign U.S. interest rate outlook brightened the mood.

BONDS – Yields on low-risk German government bonds fell. Ten-year yields were last down 3.5 basis points at 0.19 percent.

COMMODITIES – Crude oil fell for a second day after the first increase in U.S. drilling rigs this year, sparking losses in currencies of commodity-producing nations and shares of miners and energy companies.

CURRENCIES – The dollar edged up after falling for three successive weeks, most recently after U.S. Federal Reserve policymakers revised down the number of times they expect to raise interest rates this year to two from four.

ECONOMIC DATA – US Existing Home Sales due at 10:00 ET.

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