World stocks hit a 12-day low on Monday, depressed by recent weak U.S. economic data and failing to find support from the G20 summit, while the yen attracted fresh flows to hit an eight-month high against the dollar.

Oil traded around $66 a barrel on Monday, steadying after an earlier decline which extended last week’s 8.4 percent slide, as the U.S. dollar lost ground and stock markets moved higher.

Oil fell to below $65 a barrel today, Monday and touched a five-week low earlier in the session, pressured by doubts over the prospects for a recovery in the global economy and energy demand.

Gold slipped on Tuesday, pressured by a rising dollar and a firmer tone on equity markets, but analysts said inflationary concerns would underpin bullion’s safe-haven appeal.

Oil rose above $44 a barrel on Friday, after sinking 4 percent in the previous session, gaining support from a weaker dollar and a meeting of OPEC later this month.

Oil held above $40 a barrel on Wednesday after a 4 percent rally in the previous session, as equities gained and investors looked ahead to U.S. inventory data expected to show rising supplies.

FTSEurofirst 300 falls 1.5 percent… Banks under pressure on poor economic outlook… Miners, oils slip…

International industrial giant ABB Ltd. (ADR:ABB) is set to generate big business as governments around the world implement economic stimulus packages. Horacio Marquez says the company’s bullet-proof balance sheet, strong margins and solid cash flow will mitigate the fallout from the global credit crisis. And its strong long-term prospects make it a great buy today.

Germany’s relative fiscal restraint during this crisis should make it an attractive option for investors, says Martin Hutchinson.  The EU’s strongest economy will likely emerge as a safe haven in the post-recovery world. Martin recommends four ways to profit from this trend.

U.S., European stocks slide after dismal jobs report… Dollar falls to 7-week low vs yen, but rises vs euro… US government debt falls in face of historic low yields… Crude prices fall to lowest level in almost four years