Asian shares closed lower overnight on Tuesday, with resources names leading losses after weak trade figures out of China.
China's dollar-denominated exports fell 3.7 percent in September from a year earlier, while imports plunged 20.4 percent to chalk up their 11th consecutive month of decline, official data showed.
European industries with a strong presence in China, such as autos, took a hit from the news. Peugeot Citroen and BMW both closed in the red.
Elsewhere in the industry, Volkswagen announced on Tuesday that it would reduce investments by 1 billion euros ($1.1 billion) per year, while accelerating its efficiency program. Shares in the embattled carmaker closed down 2.1 percent.
Basic resource stocks were also hit on the China woes, with Glencore ending down 2.5 percent and Anglo American down 1.8 percent. The overall basic resources sector ended trade sharply lower.
U.S. stocks tried to make gains on Tuesday as investors tried to shake off China fears, amid the first key third quarter earnings reports.