European shares were slightly higher in morning trade as investors continued to monitor events in eastern Ukraine and looked ahead to new economic data from the euro zone.
Gold fell to its lowest level as a stronger dollar outweighed any safe-haven demand from lower equities and heightened tensions over Ukraine.
Brent crude held below $103 with unrest in Libya balanced by concerns of slowing oil demand growth due to weak economic recoveries.
The euro languished at one-year lows, following an aimless session overnight with market activity severely hampered by a holiday in the United States.
Asian equity markets were mostly higher on Tuesday with Shanghai and Japanese shares leading the gains despite the absence of a U.S. lead.
European shares closed flat to lower on Monday as investors weighed worse-than-expected manufacturing data against tensions in Ukraine.
Palladium rose on fears that supply from top producer Russia could be hit due to the Ukraine crisis, while gold eased on a stronger dollar.
Brent crude dropped below $103 a barrel on Monday, following fresh data suggesting a slower growth in China's factory activity.
The euro hit a year-low against the dollar on Monday, as investors added to bets against the single currency before a policy meeting this week.
Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.
U.S. bonds pared gains on Friday, with Russia's fresh incursion in Ukraine failing to produce a sustained rally in "safe haven" assets.
Asian stock markets rose on Monday as a positive handover from Wall Street offset disappointing Chinese factory activity data.
European closed mostly flat on Friday after the U.K. raised the odds of a terrorist attack on its soil to "severe" from "substantial"
Gold prices settled lower on Friday as stock markets wavered on both sides of the Atlantic, but the metal managed to log weekly and monthly gains.
Crude rose as violence in Ukraine kept markets on edge, but prices remained on track for a monthly loss amid ample supply and weak demand.
The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data.
Asian equity markets were mostly lower on the final trading day of the week amid concerns of a worsening situation in Ukraine.
Stocks fell on Thursday, pulling the S&P 500 below 2,000, as concerns about Ukraine overtook upbeat reports on the economy and labor.
Wall Street looked set to open higher on the last day of the week, albeit in low volume trade ahead of Monday's Labor Day holiday.
The U.S. Treasury yields continued to decline on Thursday after reports that signaled a strengthening economy.
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