Markets Are Down

MIKE BIRD OCT. 13, 2014

REUTERS/Svitzer/Handout

Not a great start to the week. European markets are down this morning: 

France’s CAC 40 is down 0.79%

Spain’s IBEX is down 0.65%

Italy’s FTSE MIB is up down 0.66%

Britain’s FTSE 100 is down 0.61%

Germany’s DAX is down 0.7%

Monday was mixed for Asian markets. The Hang Seng closed up 0.60%, but the Nikkei saw another poor performance, closing down 1.15%.

U.S. futures are down a little, with Dow futures and S&P futures dropping 0.19% and 0.25%, respectively.

Today’s only significant economic event is a speech from Fed policymaker Charles Evans, which comes at 12.30 p.m. ET.  

Trade data out from China overnight significantly exceeded analyst expectations, with exports up 15.3% in the year to September, and imports up 7% in the same period.