Asian markets are mainly lower this morning, after comments from US secretary of State John Kerry stating Syria would be held accountable for the use of chemical weapons. Elsewhere, a report out of China showed that corporate profits in July rebounded.

European equity futures are lower by around 40bps this morning, ahead of IFO data out of Germany.

US markets closed near session lows last night after comments made by John Kerry, increased global geopolitical risks. Today we have Case Shiller home price and consumer confidence data.

Philip Ball | Sales and Trading