Prices of oil, base metals and precious metals were slashed on Thursday afternoon as cross-asset profit-taking kicked in, traders said.
U.S. stocks climbed on Tuesday as strong corporate earnings and evidence of tame inflation in March countered a rise in the price of oil to a record high.
U.S. stocks fell on Friday as interest-rate worries outweighed expectations that stronger-than-expected jobs creation and tame wage inflation in March would lead to growing profits.
The dollar was broadly flat on Monday after paring early gains on news growth in the U.S. manufacturing sector last month was slower than financial markets had anticipated.
U.S. government debt prices fell Monday as a mixed bag of economic data reinforced expectations the Fed could raise interest rates at least once more.
India's Prime Minister Manmohan Singh announced earlier this month that his government is looking to make its rupee more convertible. India is considering the policy change to stimulate foreign investment and to reach its self-stated goal of 10 percent annual GDP growth.
