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Oil prices dropped 1% on Thursday, continuing a 1% loss from the previous session. OPEC+ postponed its meeting to November 30 from November 26.
Gold dipped below $2000 on Wednesday as the dollar strengthened. Despite warnings from Fed officials, it had crossed that mark in the previous session.
Asian shares rose on Tuesday, following Wall Street's tech-led gains. Investors applaud strong earnings and declining Treasury yields.
Oil rose as OPEC+ planned deeper cuts to boost prices. Improved supply and an economic slowdown led to a four-week decline.
Asian oil prices are set for a fourth consecutive weekly drop, tumbling 5% to four-month lows amid demand worries on Thursday.
Flat gold prices in early Asian hours on Thursday were due to a robust dollar, despite economic data easing worries of additional rate hikes.
Middle East tensions lifted Wednesday's Asian oil prices, but they showed a limited response to Tuesday's US inflation-easing signs.
Tuesday saw the yen battered and near a 30-year low against the dollar, contrasting sharply with higher long-term rates elsewhere due to the BOJ's QE.
In September, consumer prices increased 3.7% YoY, matching August's gain and slightly surpassing economists' 3.6% forecast.
Wall Street rallied despite Powell's inflationary remarks; European shares fell from three-week highs on a luxury stock decline.
Gold flat, set for the worst week in a month due to a strong dollar, Treasury yields post-Fed Chair Powell's hawkish comments.
Gold prices rose as Treasury yields dipped. It had the largest daily loss since October 2 and fell for three consecutive days.
Oil prices fell to a 3-month low, down over 4%, due to rising OPEC exports and a murky demand outlook, prompting market concerns.
Oil prices fell on Tuesday, erasing most prior gains amid renewed demand worries. Saudi Arabia and Russia confirmed extra supply cuts until year-end.
