Markets fall in Asia and Germany on eurozone crisis and China fears In Japan the Nikkei 224 index dropped 1.7pc to a six-month low of 8,277.56, while the broader Topix index dropped 1.9pc to a 28-year low of 695.51 as investors in Asia digested disappointing US jobs data from Friday. The fall meant the German blue-chip stock index dropped below the key psychological level of 6,000 points for the first time since January. The situation was different across other European markets. Despite Spain's financial woes and a banking system feared to be on the verge of collapse, the country's IBEX 35 index was up 2.5pc. Italian exchanges were also trading higher as investors in both countries were buoyed by hopes that the eurozone might move towards greater centralised control of national budgets in the single currency bloc, after comments by Mariano Rajoy, the Spanish prime minister, at the weekend. The CAC 40 in France had been down in early trading but was up 0.3pc by late morning.