The FTSE fell 24 points (.29%), the DAX fell 81 points (.41%) and the CAC fell 22 points (.30%).
UK inflation data out on Wednesday - expected to b unchanged at 2.6%.
Surging oil prices have ignited fresh inflation fears.
US markets are getting harder to predict and were mixed overnight.
The DOW had a strong rise of 358 points (.86%), the NBI rose 34 points (.81%), the NASDAQ Composite fell 73 points (.38%) and the Russell small cap index rose 5 points (.24%).
US markets came back strongly in the last 15 minutes of trading.
The "magnificent seven" AI stocks lost ground amid increasing doubts on interest rate cuts.
"Trump effect" is now determining market sentiments with fears that the new administration's policies will harm the economy.
US Treasury 10 year bond yield is sitting at 4.789%.
Oil price have surged - Brent crude is now at US$80.83 per barrel.
Precious metal prices slipped - gold price is at US$2,661 per oz. Silver tumbled by 3%.
BITCOIN was very volatile overnight and down a small amount to US$93,788.
IMU Price at posting:
4.3¢ Sentiment: Buy Disclosure: Not Held
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