European Markets Are Sliding

Europe's major stock indices are all down this morning, ahead of eurozone inflation data.

Here's the scorecard.

France's CAC 40: -0.50%

Germany's DAX: -0.46%

The UK's FTSE 100: -0.66%

Spain's IBEX: -0.52

Italy's FTSE MIB: -0.62%

Asian markets were mixed: Japan's Nikkei rallied, closing up 1.23%, while Hong Kong's Hang Seng ended Friday down 0.07%. That's after figures showed Japanese inflation dropping below 1% for the first time in a year.

US futures are down too: ahead of the open, the S&P 500 is 5.25 points lower, and the Dow is down 36 points.

We're also waiting on inflation data for the whole of the eurozone, which is out at 10 a.m. GMT. Analysts had forecast a 0.3% reading, but it's possible that the index will drop even further, falling to a five-year low barely out of negative territory.

There's no US data out today, since it's the day after Thanksgiving.