European markets fell on Monday amid continued uncertainty over the global economy.
As of 9:04 a.m. London time, the pan-European Stoxx 600 index was down 0.8%, with most sectors in negative territory.
Local markets were open last Friday as investors reacted to the latest U.S. jobs report showing non-farm payrolls rose by 256,000 last month, compared to the 155,000 expected by economists compiled by Dow Jones. The price was significantly higher than the previous one, and the price closed lower.
The data raised concerns that the U.S. Federal Reserve would proceed cautiously with further interest rate cuts, dampening global market sentiment.
Investors across the region will continue to focus on euro zone and UK government bond yields this week after yields rose to multi-month highs last week.
This week, global markets will focus on the US December Consumer Price Index, which will be released on Wednesday morning, following Tuesday's release of the December Producer Price Index.
U.S. stock futures fell early Monday, and Asia-Pacific markets fell overnight.
