India, May 20 -- Optimism about a quick end to the Middle East conflict eclipsed the anxiety surrounding the release of the FOMC minutes on Wednesday afternoon. The slide in crude oil prices as well as the looming earnings update from chip giant NVIDIA also swayed market sentiment and investor assessment.

Wall Street Futures are trading with mild gains amidst President Trump's comments that the war with Iran could end very quickly. Benchmarks in Europe are trading on a mostly positive note. Earlier in the day, Asian markets had finished trading on a heavily negative note.

The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has edged up ahead of the release of the FOMC minutes on Wednesday...