The Bloomberg Dollar Spot Index was little changed, trading near the highest level in more than a decade. The euro slipped 0.1 percent, and the yen weakened 0.2 percent. While the Japanese currency gained 0.5 percent last week, it’s still about 15 percent from a high in August. The South Korean won fell 0.5 percent against the dollar, after strengthening for the first time in nine sessions on Monday.
Crude futures advanced 0.5 percent to $53.28 a barrel in New York. Prices are set to recover next year as supply cuts help rebalance an oversupplied market, Saudi Arabia’s Energy Minister Khalid Al-Falih said last week. OPEC and 11 nations from outside the group including Russia have agree to trim about 1.8 million barrels a day from January. Gold rose 1 percent to an almost two-week high of $1,144.45.
The Stoxx Europe 600 Index climbed 0.2 percent. The benchmark gauge was little changed last week after touching the highest point of the year. It is still down 1.4 percent for 2016. Japan’s Topix fell 0.1 percent and is down 0.7 percent this year.
The Nikkei 225 Stock Average was little changed and is up 1.9 percent this year. Data on Tuesday showed Japan’s consumer prices dropped in November, though analysts see a weaker yen and higher oil prices helping bring some modest price gains in the coming year.
Toshiba Corp. dropped as much as 16 percent on reports it may book a loss of as much as 500 billion yen ($4.3 billion) on its U.S. nuclear operations.
The Shanghai Composite Index slid 0.3 percent. Data showed Chinese industrial companies’ profits rose 14.5 percent in November from a year earlier.
China’s economy is closing out the year on a high note as the earliest December indicators show no sign expansion is faltering. The Jakarta Composite Index rose 1.6 percent, advancing for the first time since Dec. 9 to end its longest losing streak since 2005.