European shares hit by a sell-off in cyclical stocks and widespread unease in markets over a possible British exit from the EU.
Fears that Britain is on the verge of voting to leave the EU spread through global financial markets on Monday.
The Hang Seng Index fell 2.5 percent on Monday, while the China Enterprises Index lost 2.4 percent.
SA’s rand steadied on Monday, but looked vulnerable to risk aversion before the US Federal Reserve's monetary policy meeting this week.
The rand weakens against the dollar as lower commodity prices and concerns about global growth hit emerging markets.
Crude prices dipped further in Asia on Friday as the dollar continued to gain strength.
Hong Kong stocks suffer their biggest one-day drop in more than three weeks on Friday.
The European mining index dropped 1 percent on Friday after prices of copper and other key metals fell.
SA’s rand lost some ground against the dollar on Friday morning as the greenback rebounded from its recent weakness.
Asian shares retreated on Friday as investors sought refuge in safe-haven assets amid concerns over the referendum that could see Britain exit the EU.
American stocks pulled back on Thursday after three days of gains as oil prices fell and global growth worries drove investors to safer assets.
A shortage of dollars and high demand for the currency globally are stretching certain dollar-based rates.
Emerging-market stocks fall as investors speculate that gains driven by dovish signals from the Federal Reserve were overdone.
SA’s rand retreats on Thursday as investors mull over data showing a decline in the economy in the first quarter.
Asian stocks edged up on Thursday after modest gains on Wall Street overnight.