Oil prices were heading for a second week of gains on growing expectations that exporters will extend output cuts.
The dollar was on track to record its worst week since August on Friday, having given up almost all the gains made since Trump was elected.
Gold rose on Friday and was on track for its best week in five as the dollar softened on political turbulence in the US.
U.S. stock index futures pointed to a higher open on Friday morning as concerns over the stability of the U.S. administration ease.
Stocks closed higher, recovering from their worst day of 2017, as investors assessed Trump's chances of moving forward with his agenda.
U.S. government debt prices eased on Thursday as investors digested the latest developments coming out of the White House.
European markets dropped to two week lows on Thursday as mounting political uncertainty in the U.S. hits risk sentiment.
Asia markets fell on Thursday amid U.S. political turmoil as a special counsel was appointed to lead a probe of Russian election involvement.
The U.S. dollar rose against a basket of major currencies on Thursday.
Oil prices rose as consensus formed among exporters to extend production cuts for another nine months.
Gold prices pared gains after extending its biggest one-day rally in nearly a year earlier on Thursday to a more than two-week high
U.S. stock index futures pointed to a lower open on concerns about Donald Trump's his ability to deliver on his pro-growth agenda.
U.S. equities closed sharply lower on Wednesday as investors fretted over the latest news coming out of Washington.
U.S. government debt prices rose on Wednesday on concerns over U.S. President Trump involvement in an FBI investigation.
European stocks close sharply lower on Wednesday as investors reacted to fresh corporate earnings and ongoing political uncertainty in the U.S.
Dow futures tumbled and equities in Asia opened lower as the yen climbed and the euro spiked amid political and legal turmoil surrounding U.S. President Donald Trump.
The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday.
Oil prices strengthened after U.S. crude inventory data showed crude and fuel stockpiles fell last week.
Gold hit a two-week high on Wednesday as Asian stocks slipped and the dollar fell amid political uncertainty.
U.S. futures pointed to a lower open as traders become increasingly worried about political turmoil involving U.S. President Donald Trump.