LONDON, Oct 27 (Reuters) - European shares are set to open sharply lower on Monday, according to financial bookmakers, tracking weakness in Asia as worries over a deep economic slowdown weighed on sentiment.
Financial bookmakers expected Britain's FTSE to open down about 71 points, or as much as 1.8 percent, Germany's DAX to open 47 to 99 points lower, or as much as 2.3 percent, and France's CAC-40 to be down 67 to 71 points in the open, or as much as 2.2 percent.
In Asia, Japan's Nikkei average fell 4.4 percent, while South Korea's KOSPI slipped 1.1 percent despite the country's central bank delivering its largest ever interest rate cut.
The FTSEurofirst 300 of top European companies fell 4.9 percent on Friday. U.S. stocks also fell on Friday as signs mounted that the global economic slowdown could be deeper than feared and the corporate profit outlook darkened.

(Reporting by Dominic Lau; Editing by Kazunori Takada) Keywords: MARKETS EUROPE STOCKS/CALL tf.TFN-Europe_newsdesk@thomson.com ak

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