European Markets ended lower on Monday, dragged lower by commodity prices.FTSE 100 index was down 0.6 percent to 4,435.50.French CAC-40 index fell 1.9% to 3,248.67.German DAX 30 index was down 1 percent to 4,866.91.
Banking shares closed lower with HSBC Holdings fell as much as 4.7 percent.Standard Chartered down 6.8 percent,Royal Bank of Scotland down 2.7 percent,Deutsche falling 4 percent.Miners, oil producers shares closed lower.Kazakh copper miner closed lower 13.6 percent.BHP Billiton,Antofagasta,Anglo American all closed lower.As crude prices fell below $58 a barrel,major oil stocks closed lower.BP , Royal Dutch Shell , BG Group all ended lower.
Asian Markets ended mixed.Japan's Nikkei average gained 0.2 percent.Hong Kong's Hang Seng Index was down 1.7%.