European and U.S. stock index futures rose from three-week lows as crude oil climbed toward $45 a barrel. Australia’s currency strengthened after retail sales and trade figures beat estimates, while Asian equities retreated.

Futures on the S&P 500 advanced 0.3 percent, while those on the Euro Stoxx 50 Index gained 0.6 percent. The MSCI Asia Pacific excluding Japan Index declined for a seventh day, its longest losing streak of the year. The Aussie advanced against all of its G-10 counterparts, while South Africa’s rand and Turkey’s lira recouped some of their losses for the week. Crude rallied after data showed U.S. output fell the most in eight months and as wildfires disrupted production in Canada.