• The dollar inched down early on Monday, nudged off a one-week high against a basket of currencies after Treasury yields declined on data showing the world's largest economy grew at a slower-than-expected pace.
The dollar index against a basket of major currencies fell to a seven-week low of 99.793 on Thursday before clawing back to a one-week high of 100.820 a day later. The index was down 0.2 percent at 100.350 on Monday.
The U.S. currency was down 0.35 percent at 114.660 yen after rising on Friday to 115.380, its highest since Jan. 20.
The euro added to Friday's modest gains and was last 0.2 percent higher at $1.0715.
• U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained strength in domestic demand.
Gross domestic product increased at a 1.9 percent annual rate, the Commerce Department said on Friday in its first estimate of fourth-quarter GDP. The economy grew at a 3.5 percent annual rate in the third quarter.
The slowdown masked a surge in home building spending and a rebound in business investment on equipment after four straight quarterly declines.
The economy expanded 1.6 percent for all of 2016, the worst performance since 2011, as it struggled with weak oil prices, a strong dollar and efforts by businesses to reduce a large inventory overhang.
U.S. President Donald Trump vowed during last year's election campaign to deliver 4 percent annual GDP growth, largely on the back of a plan to cut taxes, reduce regulations and increase infrastructure spending.
• Oil prices slipped on Friday, extending losses after data suggested drilling is ramping up in the United States, easing the focus on efforts by OPEC and other producers to support prices by cutting supplies.
U.S. West Texas Intermediate (WTI) crude futures settled down 61 cents, or 1.1 percent, to $53.17 a barrel, but ended the week 1.4 percent higher.
Brent crude futures, the international benchmark for oil prices, were down 75 cents, or 1.3 percent, at $55.49per barrel at 2:35 p.m. ET (1935 GMT). They were on pace for a weekly loss.
• The U.S. weekly oil and gas rig count from Baker Hughes showed that U.S. drillers added 15 oil rigs in the week, the 12th gain in 13 weeks. That brought the total count to 566, the most since November 2015.
• Tens of thousands of people rallied in U.S. cities and at airports on Sunday to voice outrage over President Donald Trump's executive order restricting entry into the country for travelers from seven Muslim-majority nations.
• In New York, Washington and Boston, a second wave of demonstrations followed spontaneous rallies that broke out at U.S. airports on Saturday as U.S. Customs and Border Protection agents began enforcing Trump's directive. The protests spread westward as the day progressed.
• Prime Minister Theresa May said Britain did not agree with U.S. President Donald Trump's curbs on immigration after coming under criticism from lawmakers in her own party for not condemning his executive order when initially questioned.
• "But we do not agree with this kind of approach and it is not one we will be taking. We are studying this new executive order to see what it means and what the legal effects are, and in particular what the consequences are for UK nationals."
• Turkey and the United Kingdom plan to sign a free trade deal once Britain leaves the European Union, Turkish Prime Minister Binali Yildirim said on Saturday.
• President Donald Trump discussed Syria and the fight against Islamic State with Russian President Vladimir Putin on Saturday in one of several calls with world leaders that the new U.S. president used to put his stamp on international affairs.
• "The positive call was a significant start to improving the relationship between the United States and Russia that is in need of repair," the White House said. "Both President Trump and President Putin are hopeful that after today's call the two sides can move quickly to tackle terrorism and other important issues of mutual concern."
• The Bank of Japan is set to keep monetary policy steady on Tuesday and seek to allay speculation of an early tapering of its massive stimulus, as recent bond market turbulence puts to the test its revamped policy framework that aims to control the yield curve.
Reference: Reuters, CNBC