European stock index futures fell in early trade today, indicating major national benchmarks in the region could succumb to the same drag that hit global equities overnight as investor credit concerns resurface.
By 0606 GMT September Euro Stoxx50 futures were down 1.2 per cent, while DAX futures lost nearly 1 per cent and CAC-40 futures shed 1.4 per cent.
Asian stocks hit their lowest in two years, driven by fears of a potential US government bail-out of the country's two top home finance groups, which also hit US stocks today.
In Europe, investors were unlikely to get much respite from the deep-rooted concern over inflation, even with softer crude oil futures, after data showed German annual producer price inflation accelerated to a 27-year high in July.
Reuters