World markets fall on weak economic data from US, Europe, China

World markets fell Friday as disappointment over weak economic indicators from the United States, China and Europe offset hopes for more stimulus from central banks.

Oil fell below $96 a barrel after a member of the U.S. Federal Reserve's policymaking board dampened hopes for additional stimulus.

Japan's Nikkei 225 declined 1.2 per cent to 9,070.76 and China's benchmark Shanghai Composite Index lost 1 per cent to 2,092.1. Hong Kong's Hang Seng shed 1.3 per cent to 19,880.03.

In Europe, Britain's FTSE 100 fell 0.1 per cent to 5,768.68. Germany's DAX fell 0.3 per cent to 6,928.79 while France's CAC-40 lost 0.6 per cent to 3,413.65.

Read more: World markets fall on weak economic data from US, Europe, China | CanadianBusiness.com