Global shares retreated as Tokyo's Nikkei 225 dropped 3.3%, impacted by Wall Street's losses. European markets also fell, with France's CAC 40 slipping 1.5% and Germany's DAX falling 1.2%.
The strengthening yen negatively affected Japanese exporters like Toyota and Sony. The U.S. dollar declined against the yen due to speculation about Bank of Japan raising interest rates.
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