GLOBAL MARKETS-Not-so-Super Mario sends European assets tumbling
* Euro surges, shares slump as ECB measures disappoint
* European stocks turn lower, bond yields rise
* Dollar falls away from 12-1/2 year high
* Oil jumps on report Saudi Arabia to call for OPEC cut
By Marc Jones
LONDON, Dec 3 (Reuters) - European shares suffered their biggest fall in three months on Thursday and the euro leapt more than 2 cents, its biggest surge since March, on disappointment with the European Central Bank's latest easing measures.
The ECB cut its deposit rate by the minimum 0.1 percentage points most traders had expected, to -0.3 percent, and extended its asset purchase programme but did not increase the amount of government bonds it buys each month.
The euro sprang 2.3 percent higher against the dollar to $1.0860, having been nearer $1.06 just hours earlier, while German and other government bond yields saw their biggest jump in months. For shorter term two-year German bonds it was the sharpest rise since 2011.
Stock markets were clearly shaken too. The FTSEurofirst dropped as much as 2 percent as trading screens went red across Europe, although Wall Street opened marginally higher having seen the S&P 500 drop 1 percent on Wednesday. Continuación...