India, Aug. 13 -- Sentiment in global markets improved amidst the in-line CPI data from the U.S. With consumer price inflation readings for July matching market forecasts, global markets have toned down rate hike expectations from the Federal Reserve. Anxiety ahead of the release of producer price inflation readings for July however limited gains.
Wall Street Futures are slightly positive as markets toned down Fed hike fears and reacted to the positive earnings updates. 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. Sovereign bond yields too eased across major economies.
Both the crude oil price benchmark...