Gold steadied just above a near two-week low, after its steepest loss since March in the prior session.
U.S. oil rose nearly 3 percent, driven by supply disruptions in Canada and elsewhere.
The yen slid to a nearly two-week low against the dollar on Tuesday as risk appetite improved for a second straight session.
U.S. stock-index futures pointed to a lower open Wednesday, amid steady oil prices, as some disappointing earnings from Disney and Macy's weighed.
U.S. stocks closed mixed in below average trade volume Monday, with gains in health care offsetting declines in materials and energy as oil fell.
U.S. stock index futures pointed to a mixed open as oil prices reversed to trade about 1 percent lower.
U.S. sovereign bonds traded mixed as investors digested Friday's worse-than-expected jobs report and the weekend's oil news.
European stocks finished mixed on Monday, as investors tried to shake off the sharp fall in oil prices and mining stocks.
Asian stocks were mostly lower on Monday, as oil prices rallied on supply outages in Canada and the replacement of Saudi's oil minister.
Stock index futures pointed to a higher open on Tuesday, tracking European stocks higher, as sentiment was buoyed by corporate earnings and a rebound in oil prices.
The yen hit a 10-day low after Japan's finance minister said Tokyo was ready to intervene in the currency market if needed.
Gold fell more than 1 percent as the strengthening dollar and a sharper appetite for assets.
U.S. oil dived as caution among investors offset a decline in daily production capacity due to Canadian wildfires.
U.S. stocks closed higher Friday, amid gains in oil prices, after the headline figure in the April employment report missed expectations.
U.S. government debt prices traded in a wide range Friday, as investors digested weaker-than-expected U.S. employment data.
European stocks closed in the red on Friday as the latest U.S. jobs data came in below expectations and a fall in commodities weighed on sentiment.
The dollar rose against a basket of currencies after William Dudley told the NYT the Fed may raise interest rates twice in 2016.
Gold jumped 1 percent on Friday after U.S. non-farm payrolls data for April came in weaker than expected.
Most Asian markets lost ground on Friday, but Australian shares erased earlier losses after the central bank lowered its inflation forecast.
U.S. oil rose Friday as the dollar softened, but ended lower for the week, snapping a four-week winning streak.