Brent crude rose slightly toward $118 a barrel on Monday, underpinned by expectations of improving global growth despite some weak U.S. data dampening prices at the end of last week.
In the last month or so, in an effort to stimulate growth, central bankers have begun a new round of creative experiments. This should lead to more market volatility and unexpected investment opportunities, particularly in currencies.
Gold bounced back from a drubbing that sent the precious metal to a six-month low late last week, however, analysts say further upside is dependent on whether gold can hold on to a key support level over the next few days.
The yen fell Friday after three days of gains against the U.S. dollar and the euro as a draft statement from the G-20 did not single out Japan trying to weaken its currency.
Stocks recovered from their lows Friday to close narrowly mixed, but the S&P 500 managed to pull off its seventh-straight week higher.
U.S. Treasurys prices fell after data showed a brighter outlook from U.S. consumers, though yields held under key support levels at 10-month highs.
Oil prices sank and Brent futures finished their first negative week since mid-January after an unexpected dip in U.S. industrial production spurred concerns about lagging economic activity.
Gold tumbled to a six-month low on Friday, breaking through technical support near $1,630 an ounce, as the euro weakened against the dollar ahead of a G-20 meeting.
Despite fundamentals that should be contributing to a strong rally, gold is clearly losing steam. A slow decline that began late last year is quickly snowballing into a sell off.
Investors who fled in fear over potentially massive tax increases associated with the "fiscal cliff" have barely broken a sweat over corresponding spending cuts.
European shares nudged lower on Friday, though strategists reckoned that any dips in the equity markets should be seen as a buying opportunity.
Recent reports of prominent investors shying away from junk bonds have intensified the debate of whether 2013 will be another year of outperformance for the much sought after asset class.
Japan's Nikkei extended losses on Friday on news that a conservative may be the leading candidate to head the Bank of Japan while Australian and South Korean shares ended a range-bound session relatively flat, weighed down by weak euro zone growth.
Notable institutional investors, including George Soros, Julian Robertson and Allianz's PIMCO reduced their bets on gold during the fourth quarter of 2012, when bullion posted its biggest quarterly loss in more than four years.
The price of Brent Crude oil is set to fall 30 percent to $80 per barrel by the end of the year, according to Robert Levitt, CEO and founder of U.S. wealth manager Levitt Capital Management.
With animal spirits on the rise, companies armed with cheap financing are fueling a new merger wave, but that's not likely to do much for markets.
U.S. Treasurys yields slid from 10-month highs on Thursday after disappointing growth data from the euro zone spooked investors into pouring money into perceived safe havens.
The euro tumbled to a three-week low against the dollar and plunged against the yen Thursday after data painted a dismal picture of the euro zone's economy, increasing the likelihood of ECB action.
Oil prices rose, as fears about gasoline supply and Iran's nuclear program pulled the complex higher, outweighing concerns of weakening economic output in the euro zone.
Gold fell to a six-week low on renewed economic worries over the euro zone, which weighed down on bullion's inflation-hedge appeal.