- Eurostoxx -1.4%
 - Germany DAX -1.5%
 - France CAC 40 -1.4%
 - UK FTSE -0.8%
 - Spain IBEX -1.6%
 - Italy FTSE MIB -1.2%
 
Major indices in the region are down over 1% at the open to start with. Ouch. The negative mood comes as US futures are also bleeding badly with S&P 500 futures down 1.1% with tech shares leading losses as Nasdaq futures are down 1.4%. That's putting a more risk averse mood to broader markets with the Japanese yen holding firmer as the aussie and kiwi sag in the major currencies space.