Lower interest rate concerns are again messing with the global markets, particularly financials. Many European bank stocks closed down 4 percent to 7 percent. Big U.S. banks are also down 2 percent or more.
The yen had another move up overnight to 108 to the dollar, a big move considering it was 113 few days ago. It's at a 17-month high against the dollar.
This is partly as a result of a more dovish Fed, but it's making life more complicated for central bankers.