Major world equity markets fell on Monday and the dollar slipped against the safe-haven yen after new U.S. immigration curbs stirred concerns about the impact of U.S. President Donald Trump's policies on global trade and the economy.
Stocks fell about 1 percent each on Wall Street and in Europe after Trump's executive order on Friday, to bar Syrian refugees and suspend travel to the United States from seven countries, put the spotlight back on his protectionist bent.
The dollar fell against the yen as investors sought the traditional security of the Japanese currency, and gold edged higher amid heightened political uncertainty. Spot gold rose 0.61 percent to $1,195.70 an ounce, while the dollar slipped 1.26 percent to ¥113.61.