European bourses moved lower during mid-morning trade on Wednesday, as investors geared up for news out of the U. Asian bourses closed mostly lower on Wednesday following the fall in oil prices to seven-month lows overnight.

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Commodity-linked currencies such as the Canadian dollar and the Norwegian crown were on the back foot. Gold was buoyed as equities fell and the dollar eased from one-month highs following a tumble in crude oil prices. Oil fell as investors discounted evidence of strong compliance by OPEC and non-OPEC producers with a deal to cut global output.

European bourses closed lower on Tuesday as oil prices slipped to seven-month lows and investors digested comments concerning the U.

Asian indexes closed mixed as markets awaited MSCI's decision on whether China A-shares would be included in its emerging markets index. An influential Federal Reserve official said U.

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The dollar steadied after reaching a 3-week peak following hawkish comments from an influential U. Oil prices fell after news of supply increases, which have undermined attempts by producers to support the market through reduced output.

European bourses closed higher on Monday, as investors shifted their attention to political events across Europe and two unfolding terror attacks in London and Paris. Asian bourses closed in the green on Monday as markets geared up ahead of Brexit negotiations between the U. The dollar nudged higher on Monday as New York Fed President William Dudley's comments came with doubts about raising rates. Oil prices slipped on Monday, extending last week's losses after coming under pressure over the past month from rising production.

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Stocks in Asia decline after fall in oil; MSCI says yes to China A-shares. Oil-linked currencies pressured by lower oil prices, sterling slips. Gold edges up on falling equities, easing dollar. Oil falls as bulls discount OPEC cuts, set for worst H1 since US stock futures slip as oil takes center stage on Wall Street. US Treasurys lower as bond investors look to data, oil. Dow falls from record, dragged lower by energy stocks after oil enters a bear market.

Asian stocks close mixed as markets await MSCI decision on China A-shares. Dollar hits three-week high on Fed comments, sterling slips. Gold recovers after hitting 5-week low on dollar rally.

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US Treasurys rise after Fed remarks, oil's fall. With little data, Wall Street set to focus on Fed speeches. Asian markets close higher as markets await political developments in Europe, London attack eyed. Dollar edges up on Fed Dudley's comments, yen falls. US crude falls 1.

Market Insider Early movers: Oil, housing could be what drives Wednesday's markets. Oil's drop back into a bear market could slow down US drilling.