Frederic Oudea, CEO of Société Générale, says the Ukraine crisis has led to a slowdown in the Russian economy, but the bank confirms its commitment to the country.
The euro fell against sterling on growing bets the European Central Bank and the Bank of England will take opposite courses of action.
Emerging market assets have suffered through a brutal selloff, but now the sentiment tide is taking a sharper turn toward the once-shunned segment.
China's annual consumer inflation rose 1.8 percent in April, slower than March's 2.4 percent rise, data on Friday showed.
Gold prices settled nearly 2 percent lower on Wednesday as investors took profits from a run-up spurred by geopolitical concerns.
European markets closed mixed on Wednesday on reports that Russian President Vladimir Putin was willing to discuss the Ukraine crisis.
French bank Societe Generale reported a 13.3 percent drop in first-quarter net income as it booked a 525 million euro ($731 million) writedown on its Russian business as turmoil in Ukraine persists.
Gold settled lower, but flaring tensions between government forces and pro-Russian separatists in Ukraine helped to minimized the metal's losses.
The dollar inched up from a three-week low on Friday, on expectations of a robust U.S. jobs number, after a weak growth report earlier this week.
Crude weakened broadly as U.S. inventories surged to their highest level ever.
Crude rebounded on Tuesday, lifted by renewed geopolitical concerns.
Any evidence of a resilient U.S. economy in this week's key scheduled data releases may erode gold prices, CNBC's weekly sentiment survey showed.
The dollar struggled against the yen and Swiss Franc as rising tensions in Ukraine offset optimism about U.S. economic growth.
The strong performance of the so-called "fragile five" currencies has marked a return to favor for the so-called carry trade.
Gold will remain a strong safe-haven bet in spite of its recent seesawing price as the Ukraine crisis and expectations of a further pullback in U.S.
Now safer dividend stocks are the new best thing, but curiously there is another contender for reallocating funds – France.
The dollar lost 2.5 percent against the yen since last Friday, on guidance that the Federal Reserve will not soon raise base interest rates.
After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.
London copper climbed to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of Chile raised supply concerns.
Crude oil futures tumbled by nearly $2, with U.S. crude pressured by expectations of surging domestic stocks and dour overseas data.