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Markets latest: Global sentiment steady, oil skids

Matt Clinch
Updated
ChinaFotoPress | Getty Images. Squawk Box Live in Europe has the latest on global markets, which are seeing a slight bounce after heavy selling in the previous session.

Hello and welcome to another Squawk Box Live. Stay tuned for the latest on global markets, which are seeing a slight bounce on Wednesday after heavy selling in the previous session.

China's Shanghai Composite (Shanghai Stock Exchange: .SSEC) closed lower, but managed to pare losses after falling as much as 4.6 percent to an intraday low of 3,019.0 points.

European bourses opened higher on Wednesday morning and U.S. futures are pointing to a positive start on Wall Street. We'll keep you updated.

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