Major Asian indices traded in Red today. South Korea’s Kospi dipped 1.32 percent, Singapore’s Straits Times index lost over 1 percent, Japan’s Nikkei shed over 0.29 percent, Hong Kong’s Hang Seng Index slipped over 0.1 percent, and China’s Shanghai Composite Index was down 0.06 percent.

European stocks mirrored losses from Asian market as major European indices were trading in the negative territory. Germany’s DAX lost 1.22 percent, France’s CAC 40 slipped 1.01 percent and London’s FTSE lost nearly 0.9 percent, when reports last came in.