Oil extended its slide on Tuesday as traders looked toward Saudi Arabia and OPEC for signs the cartel would cut output.
U.S. stock index futures pointed to a softer open as investors digested the minutes from the Fed's latest meeting and a raft of new data.
Gold prices settled higher on Tuesday as the dollar softened against the euro due partly to better-than-expected German economic data.
The U.S. dollar weakened against the euro on Tuesday on a better than expected survey of German sentiment.
Asian bourses turned mixed late Tuesday, with Sydney and mainland indices under-performing on the back of a steeper-than-expected fall in China's new home prices.
Wall Street looked set for a higher open on Tuesday, after Dow component Home Depot reported numbers that were better than expected.
Stocks fell Monday after data had Japan unexpectedly falling into a recession.
U.S. Treasury debt prices slipped on Monday afternoon after European Central Bank's Mario Draghi said the bank was willing to purchase more bonds.
European shares closed higher after ECB President Mario Draghi reiterated that he was willing to do more to stimulate the euro zone economy.
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
U.S. crude settled above $75 on Monday, paring earlier losses as Russia and Venezuela signaled closer coordination on oil prices ahead of an OPEC meeting.
Gold held near a two-week high as global shares fell after data showed Japan had slipped into recession.
Asian markets were mixed on the first trading day of the week.
U.S. stocks looked set to decline at the open on Monday, with global shares hit by the news that Japan had unexpectedly slipped into recession.
Stocks stepped slightly higher Friday, with investors tracking the price of oil.
U.S. bond prices rose on Friday afternoon after data showed consumer sentiment gains.
European shares closed slightly lower on Friday as investors reacted to better-than-expected euro zone growth data and lower oil and metal prices.
Oil futures bounced Friday but prices fell for a seventh week in the longest losing streak since 1986.
Gold slid 1 percent to test chart support at $1,150 an ounce as stronger dollar & upbeat U.S. data undermined prices.
The dollar rallied on Friday, helped by unexpectedly strong U.S. retail sales data and a slide in the yen to seven-year lows.
Get the best of CNBC in your inbox
A weaker yen isn't driving up prices in Japan, Goldman Sachs says, because cheaper oil undercuts price pressure.
Deflation in the euro zone is a bigger risk to credit ratings across the world than the fall in the price of oil, Fitch Ratings reported Monday.
Once a darling of emerging market investors, the slump in oil prices mean Nigeria’s economy is seen continuing to slow after this weekend’s elections.