European markets were down in early trading as investors digest the implications of Steve Bannon's ouster.

The London's FTSE 100 was down 0.25% or 18.03 point to 7,305.95. Germany's DAX was down 0.45% in the first hour of trading to 12,100.45 and France's 0.56% down to 5,085.

Asian markets were mixed on Monday, with Japan's Nikkei down 77.28 points or 0.4% to 19,393 and the Topix fell 0.14% or 2.17 points to 1,595.19. Meanwhile Hong Kong's Hang Seng gained 103.72 points or 0.38% to 27,151.29 and on mainland China the CSI 300 gained 0.33% or 12.21 points to 3,726.88.

South Korea's Kospi fell 0.15% or 3.52 points to 2,354 while U.S. troops and South Korean forces conduct a joint military exercise today. Investors are wary that the exercise could flare up tensions between the U.S. and North Korea.

U.S. futures were down Monday morning in Europe, with Dow Jones Industrial Average futures falling 0.17% and S&P 500 futures down 0.25% ahead of the Jackson Hole meeting of global central bankers later this week

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