Markets Are Sinking

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Sinking ship

REUTERS/Danish Siddiqui

Good morning. European markets opened down, after an Ebola-driven drop in US stock futures.

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Here's the scorecard, so far:

France's CAC 40 is down 0.60%

Spain's IBEX is down 0.41%

Italy's FTSE MIB is down 0.51%

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Britain's FTSE 100 is down 0.57%

Germany's DAX is down 0.58%

In Asia, the Nikkei closed up 1.01% and the Hang Seng is currently down 0.33%

S&P futures are down 0.24% and Dow futures are down 0.10%.

In terms of economic data, we've already seen Chinese property prices, with the index falling in 69 of China's 70 major urban areas.

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Germany's GfK index of consumer confidence came in higher than expected, at 8.5, up from last month's 8.4.

At 4.30 a.m. ET, UK GDP data will be released. Analysts are expecting a 0.7% increase in the third quarter, up from a 0.9% rise in the second, with the fast-growing economy moderating a little.

From the US, September's new home sales will be announced at 10 a.m. ET. Economists are expecting about 470,000 sales of new homes this month.