Oil futures rose above $100 a barrel on Monday, extending the two previous sessions' gains as prices drew buyers back into the market following sharp drops earlier in the month.
The recent fall in gold prices reflects a loss of faith in quantitative easing measures by central banks in the West, says one strategist.
Japan's Nikkei hit its highest level in almost five years on Monday as the yen weakened to within striking distance of the key 100-level against the greenback, while other Asian stock markets rose after world equity markets rebounded last week from a sharp sell-off.
The yen weakened to within striking distance of the 100-level against the U.S. dollar on Monday, yet breaking that key psychological barrier is proving to be hard.
A greater-than-usual number of companies have reported disappointing revenue results and tepid guidance this quarter, leading strategists to expect a more volatile time for stocks.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing.
U.S. Treasurys prices edged down on Friday after a two-day rally left yields near four-month lows and investors turned to battered stocks.
Brent crude oil prices hovered above $99 a barrel on Friday after surpassing $100 earlier in the session and recovering some ground.
Gold rebounded to settle at $1,395 an ounce as strong buying of coins and bars continued, primarily in Asia, but prices were still on course for a fourth week of losses after a brutal sell-off.
Asian stocks reversed earlier losses on Friday led by a 2 percent rally in Shanghai as investors cheered news that the yuan's trading band may be widened, which offset bearish sentiment triggered by weak U.S economic data.
The euro edged higher against the dollar as more signals of a weakening U.S. economic recovery lifted it from its biggest daily drop in 10 months in the previous session.
Brent crude oil jumped by more than a dollar to trade above $99 a barrel, snapping a six-session losing streak, with dealers saying it looked oversold after losing 10 percent this month.
Prices for U.S. Treasurys gained on Thursday as lukewarm data pointed to a long slog of a recovery in the world's biggest economy, fueling bids for safe-haven investments.
Gold rallied to end at $1,392 after volatile Asian trade saw prices slide towards two-year lows hit earlier in the week, with strong physical buying set against exits from exchange-traded funds.
European shares closed mixed on Thursday, after a rally in technology shares was curbed when Nokia released disappointing earnings. Yet more weak U.S. data also weighed on investor sentiment.
U.S. stock index futures signaled a higher open on Thursday as European shares rebounded after the previous session's sharp losses and investors awaited weekly jobless claims data.
Asian stocks closed at session lows on Thursday with most major indices losing over 1 percent as technology and resource plays were sold off on concerns of sluggish economic growth.
A sell-off in China's stock market has not put of market bulls, who forecast gains of up to 15 percent in the coming months.
As worries over the outlook for the global economy resurface, analysts tell CNBC that Asia can take comfort from one fact – the sharp fall in oil prices.
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