WTI crude and RBOB gasoline posted sharp gains on Friday, with crude reaching a one-month high amid a softer dollar and growing concerns over escalating geopolitical hostilities.
Brent crude prices surged to a five-month high of $110 after Saudi Arabia-led forces intercepted and destroyed missiles targeting critical energy hubs in the region.
The dollar index dropped to a two-week low on Friday after Fed Chair Jerome Powell declined to offer policy or economic guidance during his address at the annual IMF meeting in Bangkok.
Vietnam's shipments of computers, electronic products and components to China nearly doubled month-on-month in September, reaching a record close to $6 billion, while the country's overall trade balance swung back into surplus for the first time in months.
World gold closed the week at $4,195.6 per ounce after a $61.1 jump fueled by President Trump's announcement of a multi-million-ton Russian diesel supply deal, while domestic Vietnamese gold prices trade at a record premium over the international benchmark.
The dollar index posted a modest gain on Friday, supported by rising Treasury note yields, while a steeper-than-expected drop in Michigan consumer sentiment to a five-month low kept upside in check.
Interbank lending rates for Vietnamese dong ticked up at the overnight and one-week tenors, while the State Treasury's September bond auctions raised over 70 trillion VND, marking a 152 percent jump from August. Meanwhile, Ho Chi Minh City rolled out new pay-classification rules for civil servants and a dedicated forest-protection workforce plan.
The US dollar closed out its fourth straight weekly gain as market participants continued to price in further Federal Reserve rate hikes aimed at taming inflation.
Thursday's session saw a mixed close across major U.S. benchmarks, with the Nasdaq 100 posting the steepest decline as chipmaker weakness and elevated crude prices pressured risk appetite.
Japanese equities closed lower as the Nikkei lost 1.1%, pressured by weakness in semiconductor and metals names amid fresh energy-cost worries triggered by overnight crude oil gains.
The DXY dropped 0.32% on Tuesday after Monday's 1.5-year peak, pressured by a record-wide August trade deficit, softer Treasury yields, and a broader risk-on move in US equities.
Cotton contracts closed Tuesday's session 21 to 57 points higher, supported by a softer US dollar and firmer crude oil prices, while August export data from the Census Bureau recorded 917,974 bales shipped.