India, April 27 -- Mixed sentiment prevails as world markets digest the stalled U.S.-Iran peace talks, the looming central bank decisions as well as the corporate earnings releases on the horizon.

The CME FedWatch tool that tracks the expectations of interest rate traders shows the likelihood of a status quo by the Federal Reserve on Wednesday at 100 percent. It was 99 percent a day ago.

Wall Street Futures are trading below the flatline. Benchmarks in Europe are trading on a mostly positive note. Earlier in the day, Asian markets had finished trading on a mixed note. The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has declined more than a quarter percent. Sovereign bond yields harden...