India, Aug. 14 -- Global market sentiment remains cautious amidst persistent tensions in the Middle East and a spike in crude oil prices. Markets also reacted to the mixed earnings updates and guidance from the corporate sector.

Wall Street Futures are directionless after a strong show on Thursday, buoyed by soft inflation readings. Major benchmarks in Europe are trading on a mostly positive note. Earlier in the day, Asian markets had finished trading on a mixed note.

The six-currency Dollar Index has declined more than a quarter percent. Sovereign bond yields hardened across major economies.

Both the crude oil price benchmarks are trading with strong gains amidst International Energy Agency's warnings of a global supply deficit. Gold ha...