European stocks lower, Nasdaq futures down 0.9%

That snapshot is a far cry from how we opened today, no? The fall across the board in equities is continuing to support the yen ahead of US trading. The tech-heavy Nasdaq continues to extend declines and futures are now down 0.9% ahead of the cash equity market open.

This comes as Tencent reported poor Q2 earnings and is causing shockwaves across markets - adding to a list of reasons why equities are falling.