Gold gained for a second straight session after soft retail sales implied some loss of momentum in the US economy.
Crude rose in choppy trading, with Brent recovering from a 13-month low as turmoil abroad kept concerns about potential supply disruptions in focus.
The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.
Asian shares traded mixed on Wednesday as markets shrugged off an uninspiring handover from the U.S., a poor showing of the Japanese economy and key monthly indicators from China.
U.S. stock-index futures traded mixed on Thursday after falling slightly on higher-than-expected jobless claims.
Yields inched higher after the government's $27 billion auction of three-year notes, part of this week's $67 billion supply.
European shares closed lower on Tuesday as investors weighed corporate releases, data from the euro zone and tensions in Ukraine and Iraq.
Gold was stuck in a tight range above $1,300 as equities gained ground, with investors appearing to set aside geopolitical worries concerning Ukraine.
Brent crude extended losses for a third straight session, as tensions in Iraq were not expected to threaten the OPEC producer's output.
The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.
U.S. stocks closed down in light volume trade for the first time in three sessions as developments in Ukraine and Russia troubled investors.
U.S. stock index futures signaled a higher open early with investors focused on corporate releases and continued tensions in Ukraine and Iraq.
Most Asian bourses followed Wall Street higher on Tuesday, except Chinese and Indian shares which failed to track Asia-wide gains.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
U.S. government debt yields stayed near recent lows as traders clung to safe-haven bond holdings amid tensions in the Middle East and Ukraine.
Gold slipped as investors eyed firmer equity markets and outflows, but held above $1,300 on concern over the Middle East and Ukraine.
U.S. crude oil edged up as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
Asian bourses saw robust gains on Monday following a positive lead from Wall Street last week as geopolitical jitters eased.
Wall Street looked set to open higher again on Tuesday, with tensions in Ukraine, Iraq and Israel still in focus.
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