Asian equity markets largely fell on Tuesday, with Shanghai being an exception, over a persisting slump in oil prices and after latest data added to concerns about slowing activity in the world's second-largest economy.
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
Stocks ended lower Monday after the Dow traded in a more than 300-point range on either side of neutral.
U.S. government debt prices moved lower on Monday, as investors prepared for the Fed's monetary policy committee meeting on Wednesday.
Europe closed sharply lower on Monday with earlier gains seen in the price of oil reversed after heavy gunfire was heard outside a Sydney cafe.
U.S. stock index futures turned sharply lower on Tuesday, after U.S. crude futures fell to levels not seen since 2009 ahead of the Fed's meeting.
Gold fell 1 percent, after posting its biggest weekly gain in two months, as the dollar firmed before a Federal Reserve meeting.
Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel and U.S. oil prices fell below $56 a barrel.
The U.S. dollar rose against the euro on Monday on expectations that the Federal Reserve will take a less-dovish stance on monetary policy.
Asian stocks pulled back sharply on Monday, as investors fretted about the relentless slide in energy prices and declining manufacturing sentiment in Japan. Also in focus was a hostage incident in Sydney.
Stocks fell Friday, as crude's slide continued and Chinese industrial production came in below forecasts.
Brent crude oil slipped below $62 a barrel, its lowest since July 2009, on persistent concerns over global supply glut and a sluggish demand outlook.
U.S. stock index futures signaled a higher open on Monday as all eyes are on the Fed's latest monetary policy committee meeting on Wednesday.
Gold prices steadied on track for their biggest weekly rise since June, as the dollar retreated.
The Norwegian crown sank to its weakest in more than a decade against the U.S. dollar on Friday, a day after Norway's central bank cut rates.
Asian equity markets traded mostly higher on Friday, cutting the week's losses.
European stock markets closed flat to higher on Thursday after lending data from the European Central Bank (ECB) bouyed sentiment.
Stocks rose Thursday as retail sales rose in November and jobless claims fell last week.
U.S. stock index futures signaled a lower open on Friday, tracking sharp declines in global markets as U.S. crude crashed below $60.
Gold prices were little changed on Thursday, retreating further from the previous session's seven-week high as the dollar extended gains.
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Manufacturing in China contracted more slowly in November and the services industry grew, signs that the economy's transition is on track.
Asia's third-largest economy expanded at a 7.4 percent annual rate in the July-September quarter, compared with 7 percent in April-June.
Jan Hatzius, Goldman Sachs's top economist, expects the Federal Reserve to go gradual on rates, and for modest U.S. growth to prevail.