European shares closed higher after ECB President Mario Draghi reiterated that he was willing to do more to stimulate the euro zone economy.
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
U.S. crude settled above $75 on Monday, paring earlier losses as Russia and Venezuela signaled closer coordination on oil prices ahead of an OPEC meeting.
Gold held near a two-week high as global shares fell after data showed Japan had slipped into recession.
Asian markets were mixed on the first trading day of the week.
U.S. stocks looked set to decline at the open on Monday, with global shares hit by the news that Japan had unexpectedly slipped into recession.
Stocks stepped slightly higher Friday, with investors tracking the price of oil.
U.S. bond prices rose on Friday afternoon after data showed consumer sentiment gains.
European shares closed slightly lower on Friday as investors reacted to better-than-expected euro zone growth data and lower oil and metal prices.
Oil futures bounced Friday but prices fell for a seventh week in the longest losing streak since 1986.
Gold slid 1 percent to test chart support at $1,150 an ounce as stronger dollar & upbeat U.S. data undermined prices.
The dollar rallied on Friday, helped by unexpectedly strong U.S. retail sales data and a slide in the yen to seven-year lows.
Asian bourses finished mixed on the last trading day of the week.
Stocks rose on Thursday, with benchmarks not far from all-time highs.
U.S. Treasurys declined on Thursday, with Wall Street stock index futures trending higher and Brent crude oil nearing 2010 lows.
U.S. stock index futures turned higher on Friday, ahead of October retail sales figures and the preliminary reading of Michigan's sentiment survey.
European shares closed higher on Thursday, even as a further fall in oil prices led to heavy selling in the energy sector.
Gold edged higher as a softer tone to the dollar helped support prices.
Brent crude oil fell to four-year low below $79 a barrel after Chinese data showed further slowdown in activity.
Dollar moved towards a seven-year high against the yen, driven by speculation that the Japanese Prime Minister will call a snap election.
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