Oil fell on Thursday, as unseasonably weak demand and plentiful supplies of crude and refined products offset strong Chinese factory data.
Brent crude oil rose above $108 a barrel, as fighting in Ukraine and chilly relations between Russia and the U.S. ignited new supply fears.
The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.
The dollar fell slightly against the euro ahead of Wednesday's release of US gross domestic product growth and a Fed policy announcement.
The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment.
Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.
Crude dipped in choppy trading as traders searched for direction amidst political tensions in Ukraine and Gaza.
Treasury debt prices fell after data showed initial jobless claims in the world's largest economy dropped to their lowest in more than eight years,
European shares closed higher on Thursday, after a business activity index showed the euro zone rebounded in July.
Gold ended the trading session lower on Wednesday, pressured by firmer stock markets after positive U.S. data and corporate earnings.
Gold broke below the key psychological level of $1,300 an ounce as safe-haven demand for the metal eased due to strong Chinese manufacturing data.
Asian equity markets ended mixed on Thursday following gains in the morning session as attention turned to the region's earnings season.
U.S. stock index futures held to negative figures on Friday despite a rebound in the durable goods report, with focus on unrest in Ukraine and Gaza.
U.S. stock index futures rose on Thursday, ahead of one of the heaviest days for U.S. and European second-quarter earnings.
Stocks mostly rose on Wednesday as investors weighed earnings and tracked global events.
U.S. long-term Treasury debt prices edged higher for a third straight session on continued safe-haven demand as global tensions persisted.
European shares closed higher on Wednesday amid corporate earnings news and ongoing turmoil in Gaza and Ukraine.
Oil rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected.
Asian stock markets were mixed on Wednesday as profit-taking offset a positive lead from Wall Street overnight.
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