Asian stocks ended mixed on Tuesday as weak U.S. economic data and caution ahead of this week's key risk events weighed on sentiment.
U.S. futures indicated a slightly higher opening for the first full week of trading in 2014.
European equities closed higher on Friday as retail stocks helped bourses to post gains, with Next seeing a rise of 10 percent.
Gold settled nearly 2 percent higher Thursday on physical buying.
U.S. Treasurys rose, with benchmark yields hovering near two-week lows, as traders brushed off a weak $30 billion auction of three-year notes.
European equities ended the day lower on Monday, despite a strong performance from Spanish stocks and positive data from the euro zone.
Gold settled modestly lower on Monday, as the dollar and equity markets fell further following mixed US data.
The dollar dipped against the euro and yen on Monday as weaker-than-expected data gauging the US services sector reflected slowing growth.
Chinese shares fell sharply on Monday after a report on the mainland's services sector, while profit-taking saw the Nikkei fall below 16,000 points.
Stocks climbed at the start on Friday, a day after Wall Street got off to its first negative open to a year since 2008.
U.S. stock index futures indicated a flat open on Friday, after Wall Street recorded its first negative start to a year since 2008.
The euro eased back on Tuesday but was still on track to be the world's best-performing major currency this year.
The yen rose on Friday as investors shunned risk and took profits after rallies in the dollar and the euro.
Crude oil prices dropped as traders anticipated the return of Libyan oil and U.S. inventory data hinted at weak demand.
Asian equity markets were mixed on the first trading day of the year while liquidity levels were low due to the holiday period.
Gold settled 1 percent higher on Friday, boosted by renewed fund buying and equities' weakness.
Stocks fell sharply on Thursday, with Wall Street headed for its first negative start to a year in six.
U.S. stock index futures pointed to a slightly lower open on the first trading day of 2014 amid fears of slower growth in China which weighed on Asian stocks.
European equities closed lower on Tuesday, after data released from the euro zone gave a mixed picture of the region's recovery.
The dollar rose against the euro as US data further supported the stance for the Federal Reserve to gradually scale back its bond-buying stimulus.
Get the best of CNBC in your inbox