Glencore plans to sell mines to raise cash. Glencore is planning to sell copper mines in Australia and Chile after « receiving a number of unsolicited expressions of interest for these mines from various potential buyers. » The sale of the mines will help the company reduce its $100 billion in liabilities.

Stanley Fischer says a Fed rate hike isn’t guaranteed by the end of the year. The Fed’s No. 2 man told a group at the International Monetary Fund meetings in Peru that a 2015 rate hike by the Fed was « an expectation, not a commitment. » According to Reuters, Fischer suggested that the Fed was still evaluating the data and that « considerable uncertainties » clouded the US’ economic outlook. The market is pricing in a 10% probability of an October rate hike and a 38.8% chance of a December move.

Earnings season picks up on Tuesday. Fastenal and Johnson & Johnson are scheduled to report ahead of Tuesday’s opening bell, and CSX, Intel, and JPMorgan Chase are set to release their quarterly results after Tuesday’s close.

China’s yuan is the strongest it has been in two months. On Monday, the Chinese yuan strengthened to 6.3235 per dollar. The yuan hasn’t been this strong since the Chinese central bank, the People’s Bank of China, announced consecutive devaluations in August. The yuan hit a four-year low of 6.4489 per dollar on August 12.