Commodities and mining groups are leading the FTSE 100 fallers this morning, topped by Russian steel producer Evraz down 6.3% at 524.3p.
Conversely, holiday groups are flying high on the blue chip index. Cruise operator Carnival's share price is up 1.8% at £46.13 followed by TUI, ahead 1.3% at £15.64.
The FTSE 100 has sunk lower and is now trading down 0.66% at 7,690.94.
The FTSE 250 is off 0.41% at 20,721.90.