Global economy slips amid Trump's immigration order

Major world equity markets fell on Monday and the dollar slipped against the safe-haven yen after new US immigration curbs stirred concerns about the impact of US President Donald Trump's policies on global trade and the economy.

Stocks posted their worse day so far this year on Wall Street 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.