Europe closed sharply higher on Tuesday as a rise in oil prices, and the latest comments from Janet Yellen, boosted investor sentiment.
U.S. stock index futures pointed to a higher open on Wednesday as U.S. crude futures reach new eight-month highs.
Asia markets ended up on Tuesday, taking a generally positive view of comments from Yellen and from central bank calls in Australia and India.
The Australian dollar strengthened on Tuesday after the Reserve Bank of Australia kept interest rates on hold.
Gold eased on Tuesday as investors turned cautious after the metal failed to sustain a recent rally.
U.S. oil prices rose as expectations of U.S. crude draws underpinned a market already worried about potential supply shortages.
Gold hit a 2-week high and then retraced some gains on Monday.
WTI rose as Nigeria's oil industry reeled from crippling attacks and traders cited data pointing to fresh draws in U.S. stockpiles.
U.S. stocks closed higher Monday, with energy leading as oil rose, after comments from Fed Chair Janet Yellen remained positive on the economy while omitting a specific reference to the timing of a rate hike.
European stocks closed marginally higher on Monday.
U.S. sovereign bond prices fell, but were off their lows, as investors pared rate hike expectations in the wake of Friday's sluggish jobs report.
Asian markets closed mixed Monday, with Japan shares falling, as a disappointing U.S. jobs report weakened the dollar and boosted regional currencies.
U.S. stocks closed slightly lower Friday, as gains in utilities offset declines in financials after a sharp miss on the May jobs report.
The dollar hit a session low against a basket of currencies as Janet Yellen delivered prepared remarks about the U.S. economy.
European stocks dropped sharply by Friday's close after investors learned that the U.S. had only added 38,000 jobs in May, well below what Wall Street expected.
U.S. government debt prices rose on Friday as investors digested a U.S. jobs report that missed expectations.
Asian markets were mostly higher Friday as markets awaited cues from U.S. jobs data on whether the Fed will pull the trigger on a rate hike in June.
The dollar fell to the lowest level in three weeks on Friday after the U.S. jobs report came in far below expectations.
Gold surged more than 2 percent and was on track for its biggest one-day jump in seven weeks on Friday.
U.S. oil prices tumbled more than 1 percent, after weekly data showed U.S. drillers added rigs for only the second time this year.