Brent crude oil fell in volatile trading on Friday, on track for its third straight weekly loss as diplomatic strides drained geopolitical risk premium from the markets.
Gold settled more than 1 percent higher on Friday as wrangling over the U.S. budget stoked buying interest.
A broadly weaker dollar hit a 7-1/2 month low against the safe-haven Swiss franc, hurt by wrangling over the U.S. budget and a lack of clarity over the Federal Reserve's stimulus.
Asian equities ended the week mostly higher but trade was rangebound due to worries over a U.S. government shutdown.
Stocks closed modestly higher in choppy trading Thursday, with major averages avoiding a six-day losing streak, as investors digested the latest batch of economic news and developments in Washington.
U.S. Treasurys prices extended losses after the auction on Thursday.
European shares closed mixed on Thursday, as political uncertainty in Italy weighed against positive U.S. data, which ended five days of losses on Wall Street.
Oil prices gained on Thursday as traders sought bargains after sharp losses earlier this month.
Gold settled under $1,325 on Thursday, as the dollar held firm after weekly jobless claims data showed an improving U.S. labor market.
The dollar posted slim gains against a basket of currencies on Thursday, but remained weighed by the ongoing U.S. budget impasse.
Japan's benchmark index staged a dramatic turnaround on Thursday to outperform Asian equity markets but sentiment remained cautious ahead of of next week's U.S. budget vote.
Stocks ended lower Wednesday, with the Dow and S&P closing in the red for the fifth-straight day, as jitters over budget talks in Washington continued to weigh on markets.
The U.S. Treasury's auction of $35 billion of 5-year bonds helped underpin Treasurys prices.
European shares closed lower on Wednesday with investor sentiment still subdued as concerns weighed about U.S. borrowing.
The price of oil fell as traders digested positive economic news and a decline in oil supplies at a key U.S. delivery hub.
Gold settled more than 1 percent higher on Wednesday amid concerns about a potential U.S. government shutdown.
The dollar fell on Wednesday as concerns about a potential U.S. government shutdown left investors wary.
Asian equities were mostly lower on Wednesday after Wall Street logged its fourth straight session of losses amid uncertainty surrounding U.S. budget discussions.
Stocks stumbled in the final minutes of trading to end near session lows Tuesday, with the Dow and S&P posting their fourth-straight session in the red, as investors remained cautious amid uncertainties surrounding central bank's stimulus program and budget discussions in Washington.
US Treasurys prices were aided by a strong 2-year note auction expectations for a longer period of accommodative Fed monetary policy.
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