Overnight Update: The dollar pushed higher against major rivals Monday after a round of better-than-expected US data, but remained down against the yen as...

Overnight Update: The dollar pushed higher against major rivals Monday after a round of better-than-expected US data, but remained down against the yen as tensions continued to flare up between Ukraine and Russia. Gold futures surged by more than 2% on Monday. Increased tensions between Russia and Ukraine drove oil futures toward their highest close in more than five months, with prices briefly topping $105 a barrel amid fears of disruptions to global oil supplies. European stock markets posted sharp losses on Monday after tensions in Ukraine escalated over the weekend. The Stoxx Europe 600 index slumped 2% to 331.22, setting it on track for the lowest close since mid-February. London: BHP -1.22% Rio -2.39% New York: BHP -1.39% Rio -2.79% Base metal prices were under pressure from risk aversion and negative data from China in Monday's premarket, with all slipping into negative territory.