India, April 30 -- Global market sentiment rebounded after swaying sharply in response to the hawkish tilt in the Fed's decision to hold rates steady. Markets also reacted to the uncertain geopolitical situation in the Middle East, the steady flow of earnings releases from the corporate sector as well as Bank of England's status quo on rates.
Wall Street Futures have rallied ahead of first quarter GDP readings. Benchmarks in Europe are trading on a mostly positive note as markets wait for the European Central Bank's interest rate decision. Earlier in the day, Asian markets had finished trading on a mostly negative note.
The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has declined afte...