World stocks retreated further from last week’s 11-month high on Monday as lower energy and commodity prices and caution ahead of a Federal Reserve meeting and G20 summit prompted investors to trim risky trades.

Oil prices fell below $69 a barrel on Tuesday as economic concerns sent investors into safer havens, outweighing positive U.S. manufacturing and home sales data.

World stocks slid on Wednesday after a mixed report on U.S. durable goods orders reignited doubts about economic recovery while oil prices fell on news of rising U.S. crude stockpiles.

European and Asian stocks extended last week’s rally on Monday and crude oil marched higher after U.S. economic news and stronger-than-expected data from the euro zone spurred expectations for economic recovery.

Global stocks slid anew on Tuesday as an uptick in German manufacturing orders failed to offset persistent concerns about economic prospects, worries that pushed crude oil down prices to below $63 a barrel.

Commodity prices and world stocks rose while the U.S. dollar and government bond prices slipped on Friday when investors cautiously put money back into riskier assets.

Gold hit a two-week high above $946.00 per ounce on Friday, extending its gains as the dollar retreated, while firmer oil prices raised its appeal as a potential inflation hedge.

Wall St slides on bank jitters, earnings outlook caution… US dollar rallies broadly as equities worldwide tumble… Government debt shines on banking worries flare up… Oil drops over 8 pct on economic outlook, dollar rise

World stocks climbed strongly on Monday for a fifth session running, lifted by hopes that the U.S. economic downturn may be bottoming out as investors sought to take advantage of cheaper equities.

Fears of a global recession and persistent concerns about the banking sector lifted the U.S. dollar on Monday as global stocks mostly faltered and oil prices shot higher on expectations of another OPEC output cut.