Risk tones on the defensive in early trades

  • German DAX futures -0.6%
  • UK FTSE futures -0.3%
  • Spanish IBEX futures -0.9%

This carries over the mood from Asia, where we're seeing the fallout from Evergrande sending a more sour tone across broader markets to start the new week.

The Hang Seng is down 3.2% while US futures are also marked down significantly; S&P 500 futures down 0.8%, Nasdaq futures down 0.6%, Dow futures down 1.0%.