Gold logged its fourth straight daily loss on Thursday, weighed by increasing speculation that the Fed could soon raise rates sooner than expected.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
Asian indices traded mixed on Thursday, overlooking a positive handover from Wall Street.
Stocks rose on Wednesday, with social-media shares helping lift the technology sector.
Yields rose as traders absorbed a new supply of US 10-year notes and continued to anticipate a more hawkish statement from the Fed next week.
EU shares closed flat to lower on Wednesday, on fears over when the Fed might start to raise key rates and the upcoming vote in Scotland.
Crude was hammered from all sides, dropping more than 1 percent on the day to new multi-month lows as traders feared the demand outlook.
Wall Street looked set to open narrowly lower on Friday on this week's key U.S release—retail sales.
Gold fell near its lowest in seven months, pulled down by fears that encouraging economic data could prompt the Fed to raise interest rates sooner.
The dollar also trounced the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility.
Fears that the Federal Reserve could raise interest rates sooner rather than later sent Asian indices spiraling on Wednesday.
Stocks fell Tuesday, extending losses after the S&P 500's biggest drop in a month.
Treasurys yields held near their highest levels in over a month on Tuesday after the Treasury Department auctioned $27B in three-year notes.
Stock index futures pointed to a weaker open on Wall Street after President Barack Obama announced new plans to fight Islamic State militants.
Wall Street was seen opening flat-to-higher on Wednesday, despite fears the Fed could raise rates sooner rather than later.
European shares closed lower on Tuesday, with investors cautious regarding an upcoming independence vote for Scotland.
Crude was mixed on Tuesday, with U.S. oil ending marginally higher while Brent fell, amid expectations of ample supply ahead of inventory data.
Gold hovered near its lowest in three months, dimming the metal's appeal as a currency hedge.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
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An agreement on one of the largest trade agreements ever ended in deadlock, The NYT reports.
Euro zone annual inflation held steady at 0.2 percent in July, far below the European Central Bank's target.
A U.K. withdrawal from the EU could trigger another Scottish independence referendum, said Nicola Sturgeon, the First Minister of Scotland.