Global Equity Markets open in red

Global equity markets started the week on the back foot after Friday's strong U.S. jobs data stoked concerns that the Fed could raise interest rates as soon as June. In Asia, Japan GDP revisions also hurt sentiment, following a new report that estimated the economy grew an annualized 1.5% in the October-December period, down from an initial reading of 2.2% in February. German export figures similarly kept markets subdued, after January's seasonally-adjusted exports posted their biggest drop in five months.