The dollar on Thursday lost ground as traders booked gains following a solid November and caution ahead of Friday's payrolls report.
Brent crude rose above $54 a barrel for the first time in 2016 after OPEC and Russia agreed to restrict production.
Gold fell as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment.
Japan's benchmark index rose more than 1 percent on Thursday as China PMIs offered support and OPEC reached a deal to cut oil production on Wednesday.
U.S. stock index futures pointed to a flat open on Thursday as traders digested economic data and corporate earnings, while oil prices rose.
Stocks closed mixed on Wednesday, the last day of the month, as energy stocks surging on an OPEC deal to cut production.
U.S. sovereign bond prices were lower on Wednesday as investors digested news that OPEC reached an agreement to cut crude production.
European markets closed higher with investors closely following developments in Italy and an OPEC deal.
The U.S. hit highs on Wednesday and after a surge in oil prices pushed U.S. Treasury yields higher.
Oil prices surged as as some of the world's largest oil producers agreed to curb oil output.
U.S. stock index futures pointed to a higher open on Wednesday as traders eyed a sharp jump in oil prices ahead of a potential production cut deal from OPEC.
Asia stocks traded mixed, with oil prices in focus after fresh doubts over an OPEC production deal sent prices tumbling on Tuesday.
Stocks closed higher on Tuesday, led by health care, as investors digested falling oil prices ahead of a key OPEC meeting.
U.S. government debt prices were mixed as investors digested economic data and comments from Federal Reserve Governor Jerome Powell.
European stocks closed higher Tuesday as investors focused on talks between OPEC members and political uncertainty ahead of a key referendum in Italy.
Oil prices fell on signs that leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply.
Asia markets traded mixed as traders looked ahead to key global events including an OPEC meeting and the U.S. nonfarm payroll report.
U.S. government debt prices were higher on Monday as investor doubts increased that OPEC would not be able to reach a deal.
The dollar fell on Tuesday as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours
Gold was largely pressured by an imminent U.S. interest rate hike by the Fed in December on expectations of improving economic growth.