Most Asian markets retreated on Monday, with traders likely holding their horses ahead of a speech from Fed chair Janet Yellen on Friday.
The dollar rose after comments from Fed Vice Chairman Stanley Fischer prompted bets on an interest rate hike.
Brent crude fell back below $50 a barrel on Monday as analysts doubted upcoming producer talks would rein in oversupply.
Gold hit a two-week low as upbeat comments from Fed officials boosted expectations that the central bank could lift interest rates.
Futures pointed to a lower open, as investors remain on edge ahead of the Fed's Jackson Hole meeting later this week, while keeping an eye on oil.
U.S. stocks closed lower as investors digested hawkish rhetoric from Fed officials and kept an eye on oil prices.
Bonds were lower as investors continued to digest the latest comments from several Federal Reserve speakers.
European stocks finished Friday in the red, as a sharp decline in mining stocks and banks added pressure to the region.
After wavering between gains and losses, Asia markets closed modestly higher, but major indexes in Australia and Japan posted weekly losses.
The dollar was weighed down by investors' lack of belief in the chances of a rise in U.S. interest rates this year.
Gold fell as hawkish comments from U.S. Federal Reserve officials renewed bets on a U.S. rate hike this year.
Brent crude oil prices were lower on Friday after rising above $51 a barrel to an eight-week high.
Stocks closed slightly higher, amid surging oil prices, as investors digested fresh economic data.
U.S. government debt prices were higher Thursday as investors looked to the release of data.
Futures indicated a lower open as traders eyed the latest rig count data for more signs that U.S. production could pick up.
A solid recovery in commodities helped lift European stocks by the close on Thursday, as investors pored over the latest Fed minutes.
Japanese shares dropped on Thursday in a mixed Asian trading session, as a stronger yen weighed on sentiment.
Crude oil prices rose for a sixth straight day on Thursday as producers prepared to discuss a possible freeze in output levels.
The dollar fell to a seven-week low against a basket of major currencies on Thursday.
Gold steadied on Thursday, buoyed July meeting showed policymakers were divided over whether to raise interest rates soon.