European equities are expected to open higher Tuesday, buoyed by firm trading in Asia.
The dollar slipped on Tuesday after as traders bought back the euro, long depressed by expectations of policy easing from the ECB.
Oil held at low levels on Tuesday as traders bet on continued high production from the OPEC ahead of its meeting later this week.
Gold jumped nearly 1 percent on Tuesday, extending gains above a near-six-year low on short covering and as the dollar dipped from multi-month highs.
Asian markets held onto morning gains while Chinese markets continued to trade lower, following a disappointing PMI number.
U.S. stocks closed lower as investors eyed retail results and readied for key data and central bank comments later in the week.
U.S. sovereign bonds were flat on Monday, ahead of what is likely to be a crucial week for central banks.
European equities closed Monday trade in mixed territory as a jump in oil prices boosted sentiment, at the start of an important week for markets and central banks.
The dollar reached an 8 1/2-month high on Monday, as the prospect of further stimulus from the European Central Bank drove the euro lower.
A Reuters survey found on Monday OPEC oil output rose in November from the previous month, led by a rebound in Iraqi exports.
Gold rose 1 percent on Monday but remained close to its lowest level in almost six years and was on track for its steepest monthly slide in 2-1/2 years.
Asian equities closed mostly in the red on Monday as investors remained cautious following a mixed performance from Wall Street.
U.S. stocks ended narrowly mixed in light volume trade, under some pressure from declines in Disney and oil prices.
U.S. government debt prices were higher on Friday as investors looked ahead to a big week of data and speeches.
European equities closed lower on Friday as investors reacted to sharp falls in China's stock markets.
Gold dropped almost two percent to a near six-year low on Friday, set for a sixth straight weekly decline under pressure from a firm U.S. dollar.
The dollar hit an eight-month high against a basket of currencies on Friday.
Crude oil futures tumbled as the dollar index hit a fresh eight-month high, adding more pressure to a bearish market.
Asian stocks closed sharply in the red, led by a heavy afternoon sell off in the Chinese market as the regulatory body went after brokerages.
European equities ended higher Thursday as investors anticipated more stimulus from the European Central Bank (ECB) when it meets next week.
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Manufacturing in China contracted more slowly in November and the services industry grew, signs that the economy's transition is on track.
Asia's third-largest economy expanded at a 7.4 percent annual rate in the July-September quarter, compared with 7 percent in April-June.
Jan Hatzius, Goldman Sachs's top economist, expects the Federal Reserve to go gradual on rates, and for modest U.S. growth to prevail.