On Monday, European stocks, oil and gold fell as fears about the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment.
Estimate for East Asian growth including for China was reduced by the World Bank and this has underdone some of the positive sentiment that followed the sharp drop of Friday in U.S. unemployment in September.
On Thursday, the single currency euro edged higher against most major currencies after being helped by decision of the European Central bank to keep interest rates unchanged while signs of an improving U.S. jobs market supported equity markets.
However, market moves were choppy as investors were cautious ahead of the key U.S. nonfarm payrolls report on Friday.
European Central Bank President Mario Draghi's encouraging comments on tools for tackling the debt crisis of the region and in support of the euro made stocks rose for a fourth session on Thursday.
On Wednesday, stock index futures pointed to a slightly lower open on Wall Street with futures for the S&P 500 and the Dow Jones down 0.2 percent, while contracts on the Nasdaq 100 were down 0.1 percent at 3.51 a.m. EDT.
On Wednesday, the S&P 500 fell for a fifth straight trading day as protests in Spain and Greece over euro zone austerity measures raised fresh concerns over ability of Europe to get its debt crisis under control.
On Thursday, Asian shares turn higher but sentiment was vulnerable because of uncertainty over a Spain bailout and signs of Europe struggling to find a unified approach for tackling its debt crisis as global lenders wrangled over Greek restructuring.
On Monday, Brent crude futures fell more than $1 in early Asian trade after being dragged down by a firm dollar and concerns about weak economic growth in key consumer nations.
Growth fears have overtaken the initial elation following the stimulus announcements despite central banks in the United States, Europe, and Japan announcing measures to keep the markets well supplied with funds.
On Tuesday, gold edged lower in thin trade after commodity markets plunged overnight as fears began to emerge over whether actions taken by the Federal Reserve and the European Central Bank recently were sufficient for reviving global economic growth.
On Tuesday, Asian shares fell as investors repositioned before a U.S. Federal Reserve meeting that may yield widely expected stimulus measures and a German Constitutional Court ruling on the bailout funds of Germany that may remove one risk for Europe.
Euro, the single currency, hovered below a near-four-month peak on Tuesday against the United States dollar as traders grew wary after sharp gains of the currency late last week and before key events in the United States and Europe.