Investing.com - 3% plunge in the Tokyo stock exchange and falls in European banking shares added to a gloomy global financial mood on Monday.
Solid read of manufacturing sentiment in Germany drove the Frankfurt stock exchange around 1% higher.
The yen reached 106.14 per dollar in early Asian trade before steadying on the day.
European banking index lost 0.6% whilst MSCI's broadest index was down 0.3%.