India, May 15 -- Global market sentiment weakened as anxiety about the Middle East war, the energy price shock, inflation spike and the resultant rise in interest rates weighed heavily on sentiment.
Wall Street Futures are trading in the red. Benchmarks in Europe are also trading in negative territory. Earlier in the day, Asian markets had finished trading with heavy losses.
The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies extended gains. Bond yields hardened across regions as markets worried about the inflationary impact of the Middle East war. Both the crude oil benchmarks have added to Thursday's gains. Gold slipped a little less than 3 percent. Cryptocurrencies are trading on a mix...