Asian markets fell across the board ahead of Chinese President Xi Jinping’s meeting with Russian leader Vladimir Putin in Moscow. The Hang Seng Index took the biggest hit with 517 points drop, or 2.65%, followed by Japan’s Nikkei and the Shanghai index down 1.42% and 0.48%, respectively.
- Europe: Markets were surprisingly mixed in Europe on the first trading day since the announcement of the UBS-Credit Suisse deal. London’s FTSE index was barely in the red with a 0.07% decline while Germany and France’s markets were up 0.26% and 0.20%, respectively.
- USA: American markets choose to follow Asia’s lead with all major indices in the read ahead of the first trading day of the week. Dow futures were down 384 points, or 1.19%, while S&P and Nasdaq futures were down 1.1% and 0.7%, respectively.