U.S. crude futures steadied above $76 on Monday, after a rally spurred by China's first interest rate cut in more than two years.
The euro flirted with a two-year trough against the dollar as investors gave the currency a wide berth on prospects of more easing from the ECB.
Asian shares appear set to kick off the week higher, tracking a positive finish on Wall Street after a surprise interest rate cut in China last Friday.
U.S. stocks ended the week at highs as markets rallied on overseas central banks' stimulus efforts and an encouraging domestic outlook.
U.S. benchmark bonds turned narrowly lower on Friday, after China unexpectedly cut interest rates, stepping up its campaign to boost growth.
European shares closed sharply higher as investors reacted to a surprise policy move by the Chinese central bank and new ECB stimulus measures.
US crude settled below $80 a barrel after China cut interest rates and on speculation OPEC could agree to reduce oil production.
Gold nudged $1,200 an ounce after the Chinese central bank announced it was cutting its benchmark lending and deposit rates.
The euro fell sharply on Friday after European Central Bank chief Mario Draghi signaled the organization could launch further monetary easing.
Asian indices traded mostly higher in Friday's afternoon session, after Japan's Prime Minister Shinzo Abe dissolved parliament's lower house.
U.S. stocks closed at highs after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.
Treasury bonds rose as investors sought the safety of government bonds amid concerns about global growth following weak data from China and Europe.
European shares closed lower on Thursday as investors reacted to worse-than-expected data from the euro zone.
U.S. crude settled up $1 at $75.88 per barrell on Thursday as strong U.S. economic data bolstered crude markets.
Gold rose as the previous day's 1 percent drop lured price-sensitive buyers, though gains were limited.
The US dollar has recovered from session lows of 117.75 yen, while the euro fell slightly from around $1.255 to $1.245.
Asian equity markets were mixed, as traders reacted to key economic data from Japan and China. Declining commodity prices also weighed on resource-heavy bourses in the region.
European shares closed flat to lower on Wednesday as investors awaited the minutes from the last Federal Reserve policy meeting.
U.S. stocks were setting up for a sharply higher open on Friday, following the first rate cut by China's central bank in more than two years.
Contracts for U.S. crude pared earlier losses to settle at $74.50 as Libya fueled hopes of that OPEC would cut oil production.
As the month of November draws to a close, investors will likely be looking out for these in the week ahead.
As the gears of the global economy continue to slow, the U.S. has—so far—bucked the trend. But it can't do so forever.
China's economy is slowing as global demand remains too low for its manufacturing capacity and labor costs rise, Peter Baum said.