The US dollar rallied against the yen on Monday amid firming bets for a US interest rate hike late this year, while oil prices jumped about 3% as speculation grew that Opec would try to restrain output.
US equity indexes receded after the S&P 500 and Nasdaq closed at fresh record highs Friday after a strong US jobs report. The MSCI All-Country World equity index rose 0.3%, helped by stocks in Asia.