European stocks edge lower while oil climbs

European stocks slid lower after a senior UK government minister warned Britain would no longer be in the single market or the customs union, while Asian markets were mixed in overnight trade. US markets are closed for the Martin Luther King Jr holiday, but investors will brace for a busy week of earnings, including Netflix and IBM on Tuesday, and a series of rate-setting meetings from policymakers including the Bank of Japan and the European Central Bank. “We will not be in the single market and we will not be in the customs union,” said Mr Javid.