Asian markets fell to their lowest level in a month after data from Japan showed that the economy shrank by the most since the earthquake and tsunami in 2011 as the country's dispute with China hurt trade. China released better than expected export data over the weekend rising 11.6% year on year. Sony fell over 2% after having their ratings cut by Moody's.

In Europe, leaders from Greece and the Eurozone are due to meet this evening to discuss, the troubled country's austerity plans along with the latest tranche in bail out funds. European equity futures and pretty flat, with the Euro trading slightly firmer at 1.273.

US markets are closed today for Veterans Day.

Philip Ball | Sales and Trading