Ukrainian forces killed three pro- Russian militants after an attack on a national guard base in the country’s east as the U.S. and its European allies sat down with Ukraine and Russia to discuss the crisis.
European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly advance, as SAP AG slipped after reporting earnings and sales that missed estimates, offsetting gains by carmakers. U.S. index futures dropped, while Asian shares rose.
The dollar dropped against major peers, with the British pound at the highest level in 4 1/2 years, after Federal Reserve Chair Janet Yellen said the central bank has a “continuing commitment” to support the economy. European stocks fell on earnings while oil and soybeans rose.
West Texas Intermediate rose for a second day as concern over the escalating crisis in Ukraine outweighed data showing the biggest gain in U.S. crude supplies in more than a decade. Brent was steady in London.
Gold traded near $1,300 an ounce, set for a weekly drop, as investors weighed signs of U.S. recovery against tension in Ukraine. Assets in the largest gold- backed exchange-traded product sank the most this year.