Global financial markets trade in mild risk averse mode today. European indices are dragged down by auto makers and oil producer stocks. Weaker than expected Eurozone PMIs also weigh. US futures also point to lower open. The forex markets are rather mixed with Aussie trading generally higher but Kiwi is the weakest one. Dollar and Euro are soft against most major currencies. Trader, nonetheless, are subdued as markets are eyeing the key events later in the week, including FOMC rate decision and GDP from US and UK.