Gold eased from three-week highs on Tuesday as the dollar rebounded from a near 8-month low.
U.S. oil closed at 2016 highs after a report that top producers Russia and Saudi Arabia have agreed to freeze output.
U.S. stock index futures pointed to a higher open Wednesday, after some encouraging China data and earnings results from the first Dow component of the earnings season.
U.S. sovereign bonds were virtually unchanged Monday after speeches by the U.S. Treasury Secretary and a Federal Reserve official.
European markets ended mostly higher on Monday as a recovery in oil prices and a rally in Italian banks, boosted sentiment.
Asia markets retraced some early losses Monday, but a strong yen continued to weigh Japan shares even as China inflation data bolstered mainland stocks.
U.S. oil prices rose over 1 percent as a rally in wider commodities markets encouraged buying ahead of a meeting of oil producers.
Gold prices shot to their highest in almost three weeks, setting the market on a steady course toward $1,300 per ounce.
U.S. stock index futures pointed to a slightly higher open Tuesday, helped by gains in oil, after stocks lost steam in the close Monday.
The dollar pared losses after hitting 17-month lows against the yen on Monday.
U.S. stocks closed well off session highs Friday, despite a rally in oil, as the yen strengthened against the U.S. dollar.
Argentina will head to the markets with its long-awaited multibillion-dollar bond issuance next week, according to media reports.
U.S. government debt prices were lower on Friday, as investors digested comments from a key Federal Reserve official.
European markets closed higher Friday with investors reacting to price volatility in commodity markets and positive trade data from Germany.
Asia markets ended mixed on Friday, with the Nikkei 225 reversing losses to trade up over 1 percent on the back of a relatively weaker yen.
The yen struggled across the board after posting gains this week, weighed by warnings overnight by the Japanese finance minister.
Gold fell as stronger equities prompted investors to cash in some of the metal's gains, but was set for its biggest weekly rise in five.
U.S. stock indexes looked set to open higher on Monday, when earnings season will kick off with numbers from industrial bellwether Alcoa.
U.S. oil prices jumped over 6 percent on Friday, posting their largest weekly gain since February.
U.S. stocks closed lower as strength in the yen against the dollar renewed concerns about global growth and the effectiveness of monetary policy.